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President Obama Signs Homebuyer Tax Credit Extension

November 11, 2009

This last Friday, President Barack Obama signed the new tax credit legislation which provides:

  • Extends the First-Time Home Buyer Credit of up to $8,000 to first-time home buyers until April 30, 2010.
  • Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

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