Home : Blogs : Ray and Karen Levy : Ray and Karen's Blog

Senate to vote on Home buyer credit extension today.

Senate to vote on Home buyer credit extension today.

I just received this and wanted to pass it along. Here is an excerpt of what Senate Majority Leader Harry Reid is proposing. Under Reid's plan, the $8,000 tax credit would be phased out over time, dropping to $6,000 in April, $4,000 in July, and $2,000 in October, before expiring at the end of 2010.

What are your thoughts?

Here is a link to the full story

http://www.reuters.com/article/GCA-Housing/idUSTRE59P3VO20091026

Ray Levy

www.lakecountyhomepros.com

Posted by Ray and Karen Levy on 10/28/2009 12:45 PM

Comments (3)

first time home buyers, 8000 tax credit, realtor eustis tavares mount dora, homes for sale mount dora eustis tavares sorrento

Post is included in group: Realtors®
Post is included in group: Advice for Buyers
Post is included in group: 1st Time Buyers

3 Comments on Senate to vote on Home buyer credit extension today.

OCT

We would love to see it extended to all home buyers. Thanks for sharing.

Dan and Amy, I agree. We have seen a rebound in several distressed neighborhoods in our area.

Good luck in your business,

Ray Levy

www.lakecountyhomepros.com

This article actually says they were suppose to vote yesterday? This is what confuses me... it seems we are hearing constantly that this senator, or that one has a proposal that they are wanting to be attached to this bill or that, and it's going to be voted on SOON... yet there is never a bill referenced that we can actually check or track to confirm that is true. Same is true even in the article you have referenced. Let's just hope something gets done soon!

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?