Atlanta Journal Constitution Vendor logo Atlanta Journal Constitution Vendor 3 weeks ago

Obama set to sign a big tax break for homebuyers

WASHINGTON - Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. Full Article at Atlanta Journal Constitution Vendor

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  1. WASHINGTON -- Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. If you're a first-time homebuyer, get up to $8,000. Full Article at The Washington Post

  2. The House passed the measure on a 403-12 vote. Yesterday, the Senate approved the homebuyer tax credit extension by a vote of 98-0. The extension expands the pool of Americans eligible to receive the $8000 credit for the purchase of a first home. Full Article at Huliq.com

  3. The provision was included in a bill that also extends unemployment benefits by an additional 14 to 20 weeks and lets all companies, not just small businesses, carry back current losses to offset profits made as long as five years ago. Full Article at San Jose Business Journal

  4. 2009-11-05 20:53:02 - deadline and expand it to a wider group of home buyers,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. “The tax credit has proven to be a powerful economic incentive. Full Article at PR-Inside.com

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