Wednesday, January 27, 2010

Information on the Extended Home-Buyer Tax Credits for Los Angeles

President Barack Obama signed a law that extends through next spring a temporary tax credit of up to $8,000 for some first-time home buyers, which was due to expire Nov. 30. The law also adds a new tax credit of up to $6,500 for certain repeat home buyers. The package, which the government estimates will cost a total of $11 billion, is intended to help spur housing sales, a critical part of the economy.


There are some great questions and answers within this informative article that will definitely clear up any confusion.  To read the entire article click here. 

Any other further questions, make sure you give Bill Rayman a call at 310-295-2900 ext 113 or email to Brayman@Mortgcap.com.

2 comments:

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