Tax Credit Extension Signed by President Obama 0
Well, after the process started looks like President Obama put the ink to the paper and has signed the extension on the unemployment bill which had an amendment attached to extend the home buyer tax credit. Not only did this extend the first time home buyer tax credit of $8,000 for those whole qualify, but added to it several other details I explain in my previous post
Looks like everything is the same from when it started added several things like allowing people who lived in their current residence for 5 yours to get a $6,500 credit if they buy a new primary residence. Also raised the income caps for people to qualify. Just remember this is a TAX CREDIT so make sure you do get all the details before you claim this on your taxes. Also be good to talk with a Tax professional.
Hope this helps 
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