New 8K Homeowner's Extension and New Current Homeowner's Credit

The President is signing the extended homeowner law into effect and the new rules will extend the current laws and open it up to current homeowners too. The basics of the law read that the extension for new homeowners will be April 30th,2010 for the $8,000 credit and current homeowners who have lived 5 years consecutively out of the last 8 are eligible for a $6500 credit. Some of the income limits have been increased too making it available to more folks. For more details feel free to call or drop a line for further assistance.