Real Estate Blog - $8,000 Tax Credit Extension - Looks Like a Done Deal

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$8,000 Tax Credit Extension - Looks Like a Done Deal - President Obama to sign this week.

Rhonda Porter over on Facebook published the link to the CBS MoneyWatch.com site so I thought I would share the news. Of course we still need President Obama to sign the extension so contracts pending in escrow still need to be processed with the November 30th deadline until he signs it this week. This should take some pressure off a couple of escrows I have that are set to close by November 30th. With all of the days the county is closed and the Thanksgiving Holiday, November closings were getting a little stressful.

$8,000/$6,500 Tax Credits Are A Done Deal. What’s Next? - CBS MoneyWatch.com

Source: moneywatch.bnet.com

With the Thanksgiving Recess just three weeks away, Senators burned the midnight oil last night to clear the way for the $8,000/$6,500 tax credit extension

Senate Clears Homebuyer Tax Credit Extension to Pass This Week | RealEstateEconomyWatch.com

Source: www.realestateeconomywatch.com

The Senate last night cleared the way to pass a seven month extension and expansion of the tax credit for home-buyers, making it virtually certain that the legislation will reach President Obama for his signature this week.

About the Author...

Jo began her real estate career back in 1994 and soon found out that she loved selling real estate and that she was really good at it! Lots of people sell real estate, but not everyone is good at it. Jo brings to her clients the commitment to work hard and have fun along the way. As Jo continues to learn the technology of today to be on the cutting edge of multimedia she takes pride in her ability to keep her trademark "old-fashioned" customer service alive. If you are looking to sell or purchase a home in Kitsap County call her office today. You can also find out more about the area by visiting her blog www.WestSoundLive.com or her web sites www.HomeFrontRealtyOnline.com

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