As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress passed new legislation that:
- Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers.
- Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home.
Specific criteria do apply & homes must be under contract before April 30th, closing prior to the end of June. Have questions? Please give me a call - 469.951.9588.
