Tag Archives: tax credit

More Homebuyer Tax Credit Q & A

Question:  Regarding the existing homeowner credit, must the new house cost more than the old house? Answer:  No.  For example, individuals who move from a high cost area to a lower cost area and meet all eligibility requirements will qualify for … Continue reading

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More Good News on the Tax Credit!

FYI! In his speech at the National Association of REALTORS® Housing Summit on May 12, 2009, US Department of Housing and Urban Development (HUD) Secretary Shaun Donovan announced a program that allows borrowers to use the first-time homebuyer tax credit … Continue reading

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