Great news! Congress has just extended and expanded tax credits for home buyers -- and not just for 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.
The $8,000 home buyer tax credit is generating more people looking for homes -- and buying homes!
http://www.usnews.com/money/blogs/the-home-front/2009/10/29/first-time-home-buyer-tax-credit-gets-obama-nod.html
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