For buys made after November 7, 2009, the income limits for elibility have also been expanded. …
Excerpt from:
The New 2009 First-Time Homebuyer’s Credit
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NEW ORLEANS, LA, March 19, 2010 ? Pending First Time Homebuyer Tax Credit Deadline and Looming Increase in Mortgage Insurance Premiums Should Prompt a Rush of Real Estate Activity in New Orleans. The Economic Recovery and Reinvestment Act enacted in February of last year was extended and expanded in November of 2009. Both first time home buyers and current homeowners may be eligible for up to a $6500 tax credit if they purchase a new or existing home before April 30th, ...