Thursday, November 5, 2009

Bill to expand home buyer tax credits passes House and Senate

Eighty-nine percent of the voters in Tuesday's New Jersey elections claimed they were primarily worried about the economy.  And with that worry in the forefront, they voted for a new governor to help turn the economy around. 

With those worries at heart, the US Senate and Congress made positive statements today when the solidly voted not only to extend the tax credit for first time home buyers, but also to expand it.  The new rules:  Homeowners who have been in their primary residence for five years may buy a home before May 6, 2010 and get and $6,500 tax credit.  If you are a first time home buyer, you can claim an $8,000 tax credit. 

Unemployment benefits were also extended by the bill and a tax break for money-losing business. 

I think you have to agree that the government is doing their fair share to turn the economy around.  It's up to us to do the rest.  We have to invest in ourselves; purchase a home andstimulate the economy through the trickle-down effect that occurs from large purchases. 

We have to invest in our communities and our neighborhoods.  Please let me show you how.  Call me for more information about the home buyer tax credits and I promise to help you find the best home for you and your family to call their own.  Let's talk today.  ~  Joe Giancarli, Phone: 609-658-2612, http://www.njhomesource.net/

No comments: