The historic $787 billion economic stimulus package that was signed into law last week provides benefits for buyers and home owners.  Although we don't know the entirety of the package as relates to  loan modifications and the attempt at preventing foreclosures, here are a couple tax reliefs we are grateful for, and felt necessary.

HOME OWNERS TAKE NOTE!!!  Those making, "GREEN," improvements to their homes may see a tax credit, and these improvements include:  "energy efficient exterior doors, windows, extra insulation, heat pumps, furnaces, central air conditioners, and water heaters."  A homeowner can realize a tax advantage of 30% the cost of the improvement(s), up to a total of $1,500.  This is both great for your wallet, and our environment.