Home Buyers Tax Credit - Now More Than Just First-Time Homebuyers!!!

That's right...all we're waitng for is Obama's signature!

This is great news as now those baby boomers who are getting ready to retire and move down to sunny Florida, will also have an opportunity to take advantage of the tax credit.  Here are a few highlights that break down who is now eligilbe:

• Provide an $8,000 tax credit to first time homebuyers.
  
• $6,500 for repeat purchasers (those who have used previous home as principal residence for 5 of 8 previous years).
  
• Set income limits at $125,000/$225,000 for single/joint filers.
  
• Make the credit available until April 30, 2010, with a 60 day extension if binding contract is in place by April 30th.
  
• Purchase price of home must not exceed $800,000.

For more detailed information on the tax credit, click here.

Thanks to everyone who has worked so hard and lobbied to help make this possible!!!