Thankfully The Worker, Home Ownership and Business Assistance Act of 2009 has been extended and has even expanded available tax credits for home buyers.
The tax credit was scheduled to expire on 1 Dec 2009 but is now extended until 30 Apr 2010. Good deal. In addition, if you're toiling through a long short sale process (like I've been) don't sweat it! . If a signed contract is entered into before 30 Apr 2010 you'll still be eligible for the credit if you close on the house by 30 June 2010.
There's much more jammed into the new Worker, Home Ownership and Business Assistance Act of 2009 but I won't bore you will all the minute details. If you're in the market for a new home or even thinking about , purchasing your first home I encourage you to visit: http://www.whitehouse.gov/the-press-office/fact-sheet-worker-homeownership-and-business-assistance-act-2009
Now is the perfect time to get yourself into a new home. Get to it!
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