President extends tax credit

President Obama recently signed new legislation that extends the first time homebuyer tax credit into 2010.  This new legistation goes beyond first time homebuyer though.  If you are a current homeowner, you may qualify for a credit to purchase a home as well.  One potential group that might be influenced to buy are individuals looking to downsize a home.  Click on the link below to read a recent article published on this subject. 

http://www.forbes.com/2009/11/06/homebuyer-tax-credit-downsizing-boomers-personal-finance-retire.html

 

 

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