Friday, October 16, 2009

$8000 Tax Credit Extended for Some Miltary Personnel

Mortgage News Dailey (MND) has reported that Congress has passed bill HR 3590 which will allow Veterans a one year extension on the $8000 tax credit for first time homebuyers which will terminate November 30th. The Vet must be currrently serving overseas or has been deployed outside the country for 90 days in the last calendar year.

There is a still an ongoing debate about extending the tax credit for everyone and even removing the "first time home buyer" requirement.

Click on the Headline above and you will be directed the MND site for further details.

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