Homebuyer Tax Credit Extended and Expanded
On November 6, President Obama signed the Unemployment Insurance Bill, which contains the Homebuyer Tax Credit extension and expansion. The United States House of Representatives, by a vote of 430-12, joined the Senate in passing the bill. Many parts of the bill take effect immediately. As of the signing of the legislation, the income limits increase to $125,000 adjusted gross income on a single return and $225,000 on a joint return. In addition, the so-called "move-up" credit is also in effect as of November 6. Thus, individuals who have used a home as a principal residence for five consecutive years of the past eight years will be eligible for a $6,500 refundable tax credit for purchases completed between November 6, 2009, and April 30, 2010. See more details on the the changes to the Homebuyer Tax Credit below.

 

 



REALTORS® Giving Back to the Community.

 
REALTORS® invest themselves in the communities where they live and work. They understand the importance of preserving a community and assisting those in need. Members of The Plymouth and South Shore Association of REALTORS® (PASS) assist the 18 communities PASS serves in many ways. PASS frequently hosts small and large events at new local business venues to help the new business gain exposure. PASS REALTOR® and Affiliate members donate their time to serve on the PASS Community Service Committee that selects charities in need and produces amazing public events to promote awareness of a charity while assisting them in raising funds. They also serve on many individual charitable boards, coach youth teams and serve on local government boards and in school systems.  PASS members frequently attend educational seminars on timely topics to keep abreast of the real estate industry to better serve their clients. They also lobby on Beacon Hill and Capitol Hill to make sure the leaders who make the laws understand the impact the laws will have on homeowners and the real estate industry. 
 
Take a moment to view some of the amazing ways PASS members have given back.
 

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