The “American Recovery and Reinvestment Act of 2009″ has been passed by the Congress, and is to be signed into law this Tuesday (2/17/09). Here’s a comparison of the old $7,500 first-time homebuyer tax credit with the new $8,000 revised credit, courtesy of the NAR:
Check the NAR web page for a review of several other housing related assistance in the new stimulus package.
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