Homebuyer Tax Credit Extension/Expansion

(November 5, 2009) Congress has extended and expanded the homebuyer tax credit; both the House and the Senate have passed an unemployment insurance bill, which includes an amendment that expands and extends the tax credit.

The tax credit plan for 2010 is summarized below. You can also download a full summary comparing the current plan to the new one courtesy of the National Association of REALTORS® (NAR), which has posted the comparison chart on Realtor.org.

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