I am so pleased to see the $8000 tax credit for first time home buyers extended and now it includes a $6500 credit for some repeat buyers as well! The credit is being used by many of our purchasers to do improvements on foreclosure homes they have purchased or just regular updates like carpet and paint.
This is going to help so many families that need to sell a home as well. The buyer activity will stay active for a few more months. If you are moving into another home and you have owned your current residence for 5 years or more, you may also qualify for the $6500 credit !
Do you qualify for the new credit? Check on some details in the follwing article and as always call us if you have additional questions about buying or selling a home!
MSNBC Article
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