Updated: November 19, 2009 – Summary (with full details below)
Here is the latest: Effective Nov. 6, 2009 the changes to the home buyers tax credit program include the following:
Homes have to be purchased between November 6, 2009 and June 30, 2010
(in full contract by April 30).
Closing documentation now required.
Existing home owners are now eligible if they have owned a principal residence for 5 consecutive years out of the 8 years preceeding the purchase of a new home.
Income limits have been raised.
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