On Friday, November 6, 2009, President Barack Obama signed into law a new bill extending the $8,000.00 tax credit for first time homebuyers (those of you who have not owned a home in three years) and expanded to buyers who have owned their primary residence for five of the last eight years ($6500.00 tax credit). These tax credits expire on April 30, 2010.
Read the article from Florida Association of Realtors for all the specifics:
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=226422
And don't forget, homeowners in Brevard County, Florida who purchase before December 31 may qualify for double homestead deduction, that's $50,000!
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