Obama Signs Home Buyer Tax Credit Extension. President Barack Obama signed into law legislation extending the $8,000 tax credit beyond its current November 30 expiration date. - Go shout it on the mountains to paraphrase an old gospel lyric. We have an extension from on high. Tell your friends, relatives, casual acquaintances, and all people you meet on the street that this is the time to buy or sell a home in the greater Tulsa metropolitan area. Interest rates are phenominal. Rates are currently hovering around 5 percent. The government will subsidize closing costs up to $8,000 fort first time home buyers in the form of a tax credit and up to $6,500 for those who have owned a home 5 of the last 8 years. Don't wait and do spread the word. Call a Realtor associate today for FULL details. KenSellsHomes KenRutherford, CRS 918-260-9932
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