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government

NAR Frequently Asked Questions Homebuyer Tax Credit Changes

by Kendyl on November 6, 2009

National Association of REALTORS® Government Affairs Division
Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit
Question: Existing homeowner credit: Must the new house cost more than the old house?
Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet [...]

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Obama Signs Popular Homebuyer Tax Credit Extension

by Kendyl on November 6, 2009

President Barak Obama has signed into law an extension and enhancement to the popular Homebuyer Tax Credit.
Details are found in my previous post Popular Tax Credit for Glendale Home Buyers. and the National Association of Realtors has an excellent chart outlining the program features.
Celebrations go out to my awesome buyers in La Crescenta.  They qualify [...]

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