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 Archives Nick's News November 2009
November 2009    Federal tax credit for home buyers extended and expanded Subprime ploys in reverse mortgage market put seniors at risk, says a new report (pdf) from the National Consumer Law Center. Federal tax credit for home buyers extended and expanded. The Congress has now passed a bill extending an $8,000 tax credit for first time home buyers. First-time buyers will need to have a contract on a home priced up to $800,000 by April 30 and close by June 30, 2010. Income limits for claiming the credit are increased to $125,000 for individuals and $225,000 for couples. The bill also for the first time offers a tax credit of $6,500 to current homeowners who wish to buy a new home and have lived in their current home for five of the last eight years. For more information, see this page on the IRS website. |
Web LinksNovember 2009The 2010 Census is fast approaching. Every household will receive a questionnaire in February or March 2010. Census phishing and email scams are already appearing. These tips from the Census Bureau will help you avoid the scams. The 2010 Fuel Economy Guide is now available. The annual fuel cost estimates in the online 2008-2010 fuel economy guides are updated weekly to reflect the Energy Information Administration's current national average prices for gasoline and diesel fuel. How to pay down your debt Net Cetera: Chatting With Kids About Being Online 
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