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Senators have Agreed to $8000 TAX CREDIT EXTENSION for first time buyers & NOW up to $6500 tax credit to "Repeat Buyers"

Ok, so this may not be as exciting to some people, but I think the tax credit extension to June 2010 AND the additional provision for "repeat buyers" getting up to $6500 is GREAT news! With "repeat buyers" being offered at $6500 tax credit, more people will be encouraged to "upgrade" and thus opening up more "non foreclosure" (aka neglected) homes for sale for fist time buyers! Bring on the buyers! I'm pumped and ready! Senators have AGREED to this extension, but it has not been signed... yet!

Posted by Stacey Alyk on 10/28/2009 05:31 PM

Comments (3)

3 Comments on Senators have Agreed to $8000 TAX CREDIT EXTENSION for first time buyers & NOW up to $6500 tax credit to "Repeat Buyers"

OCT

Hi Stacey; has this been extended for sure or are they just in the process of voting on this?

It HAS been extended accroding to this source: http://www.thedenverchannel.com/money/21456362/detail.html?treets=den&tml=den_natlbreak&ts=T&tmi=den_natlbreak_1_04440110282009

Taylor... it was just pointed out to me that Denver channel 7's article states the senators have AGREED to the extension.... but it has NOT been signed... yet. My apologies for being a little excited! Stay tuned.......

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