Monday, November 02, 2009

Chicago Condo and Real Estate News

Another milestone has been reached in getting the homebuyer tax credit extended and expanded. Senate has reached a compromise to extend the $8000 tax credit to first-time homebuyers and $6500 to current homeowners who have to lived in their residence for 5 years or more.


The passage is still not clear but this is a positive step in the right direction.


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