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The Extension and Expansion of the First-time Homebuyer Tax Credit is Now Law

The government has just extended and expanded tax credits for home buyers – and not just those buying for the first time.

  • First time home buyers can now receive an $8,000 tax credit through April 30, 2010
  • Home buyers who have lived in their residences for five years may now receive a credit of $6,500
  • The tax credit is now available to individuals earning up to $125,000, or $250,000 for couples

All of the homes and condos listed on our site as of 11-09-09 qualify for the credit.

Read the full story about the 2009 homebuyer tax credit for more details. More implications of the new tax credit are discussed in this article.

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