Wondering what is happening with the First-time Homebuyers $8,000 Tax Credit that is set to expire November 30, 2009? Congress is looking at some modifications of the existing program to change payback provisions for military personnel, including an extension of the 3 year limit for resale. Could this be an indication of a tendency to consider extension of the tax credit program? What do you think?
Read this article written by Kenneth R. Harney for RealtyTimes.com about the $8,000 tax credit changes.
"The first major change to the $8,000 home buyers tax credit began moving through Congress last week, giving hope to real estate and building groups pushing for extension of the entire program before it expires Nov. 30." ...
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