2010 Homebuyer Tax Credits

Congress approved an extension of federal jobless benefits, sending the long-delayed bill to President Barack Obama a day before the issuance of monthly unemployment data. Mr. Obama signed the jobless-benefits measure, which would extend federal payments to the long-term unemployed by up to 20 weeks from the current maximum of 33 weeks in many areas of the country. 
Because of this bill home buyers tax credits got extended. 
Planning to buy a house? To have one is not easy, it takes proper budgeting and looking for a cheap house rate being offered is the usual things in our mind, if you are having financial problem or money is your problem. Home Buyer Tax Credits offers you affordable homes and houses for everyone. 
Advantages of these are for those who are first time Home Buyers it will increase your income caps for individual up to $125,000, $225,000 for a Family that does not own a home for previous 3 years. All qualified homebuyers can write their binding contract by April 30, 2010 and no future extensions. The contract will be close by June 30, 2010. It is a big opportunity for homebuyers.


Benefits of this Home Buyer Tax Credits are:


-Everyone  will benefit this, especially first time buyers who are renting and want to get in to the american dream.
-Move Up Buyers who are reluctant to get in the market place due to economic conditions.


For a complete details of  2010 Homebuyer Tax Credits here is a video from Coldwell Banker, President and CEO Jim Gillespie that talks about Real Estate Tax Benefit and more other informations.