Tuesday, November 3, 2009

Show me the money!


The bill passed! Woohoo! The deadline for the first-time home buyer tax credit has been extended to April 30th, 2010 and eligibility has been expanded (both in terms of income limits and to non-first-time home buyers). We are *so* thrilled. And congratulations to all of you out there trying to finish up your houses. We can breathe a little easier now!

A colleague told me yesterday that it looks promising that the $8000 federal new home buyer tax credit will be extended until April 30th. Read the story here. That would be a *dream come true* for us. If it is not extended, we'll need to move in by Nov. 30th to qualify. If the credit is extended, however, we pick up a few extra weeks in December since we don't need to move out of our apartment until the end of the month. Here's hoping...