Obama Signs First-Time Homebuyer Tax Credit Extension

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President Obama signed an extension of the $8,000 tax credit for first-time buyers. The extension adds money for some move-up buyers. The maximum tax credit remains $8,000. Anyone who has not owned a home within three years is considered a first-time buyer. Your purchase must be under contract by April 30, 2010.

It is finally official. The homebuyers’ tax credit has been extended to April 30, 2010. President Barack Obama approved the extension as part of a $24 billion economic stimulus bill signed Friday.

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Questions and answers about the home-buyer tax credits – Time is running short if you want to cash in on the popular home-buyer tax credits. You’ll need to sign a binding contract by April 30. The $8,000 credit is for "first-time buyers" — though you.

NEW YORK (CNNMoney.com) — President Obama said he signed into law Friday a bill. on the future of our middle-class because it extends, for the first-time homebuyer, a tax credit helping more.

NEW YORK (CNNMoney.com) — President Obama signed an extension and expansion of the first-time homebuyers tax credit on Friday. The $8,000 credit was scheduled to lapse on Dec. 1 but will now be.

An extension of the $8,000 first-time home buyer tax credit appears all but certain after the Obama administration called on Congress. arguing that failing to do so would jeopardize recent signs of.

Obama Signs First-Time Homebuyer tax credit extension . By JON PRIOR . November 6, 2009 3:44 PM CST . Advertisements. President Barack Obama signed the "Worker, Homeownership and Business Assistance Act of 2009" into law on Friday, extending the first-time homebuyer tax credit as well as certain jobless benefits at a time when the US unemployment rate has officially reached 10.2%.

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Upham said business picked up substantially with the Obama tax credit for first-time home buyers before dropping off when it ended. were a temporary payroll-tax holiday and permanent extension of.

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Isakson, a former real estate agent, wants to extend the $8,000 tax credit through June and expand it to anyone buying a primary residence, not just first-time buyers. His proposal would also raise.

It was Mr. Obama’s 29th public bill-signing ceremony — but the first at which McConnell was in attendance. The tax cut package angered liberals in the president’s party due to the extension of..