Peter

Now homeowners can enjoy a little piece of the federal government’s tax credit pie.  The initial $8,000 tax credit for first-time home buyers has been extended through April 2010 and now includes a $6,500 tax credit for current homeowners.

The extended and expanded tax credit includes the $6,500 windfall for buyers who have owned their existing homes for at least five years.  This allows people to sell homes and do a lateral or buy-down move.  Both first-time buyers and current More...