AP announced that the Senate agreed to extend the tax credit.

Yes, it looks like first time buyers and even repeat buyers get upto $6500 and can can continue to purchase throught the spring.

Steve Mun, e-PRO®, QSC®, CDPE®
www.stevemungroup.com
www.sanjoseshortsaleagent.com
650-605-3188

Cal Dre#: 01358433

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Posted by Steve Mun, e-PRO®, QSC®, CDPE® (650) 605-3188 on 10/28/2009 11:40 PM

Comments (6)

first time homebuyer tax credit

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6 Comments on $8000 tax credit extended until April 2010!

OCT

There is still no Bill being offered up for a vote, only a possibility of sneaking it through as a rider to another bill. Don't be surprised if this is just some "grandstanding."

That beats going to santa cruz, or the old elcaminoreal for cruz night!

Steve: I'm keeping my fingers crossed that for once, Washington will get it right and realize how important this is, not only to keep First Time Buyers buying, but to get something to those move-up buyers!

I"ll be watching the news a bit more closely over the next few days!

OCT

Great news Steve and thanks for the link. Have a great day.

This is not yet law. This is not yet law.

Thanks for the comments everyone.

Lenn, I know. I got excited and jumped the gun. As we have seen recently, the Senate is the hurdle when it comes to approving funds, so if they are on board, everyone else should be easier to get on board.

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