Home : Blogs : Jim Paulson (Owner/Broker) : Jim's Boise Idaho Real Estate Blog

Tax credit update - June 29 = new bill introduced today!

Breaking news:

I just received this in an email from NAR!

Several members of the House introduced a bill this morning to extend the tax credit deadline to Sept. 30. Bill is H.R. 5623. NAR is supporting the bill. We're hoping for action today.

I will keep you posted!

Jim Paulson, CRS, GRI, EPRO, SFR

NAR Employer Assisted Housing Instructor and EPRO Instructor
Owner/Broker - Progressive Realty Corporation
Specializing in Boise Idaho Real Estate
http://www.IdahoMLStours.com
Http://www.Progressive-Realty.info

Posted by Jim Paulson (Owner/Broker) on 06/29/2010 01:21 PM

Comments (4)

2010 Home Buyer Tax Credits in the Home Buying Channel

2010 home buyer tax credits, tax credit extention, hr 5623, first time home buyers

Generate short URL

Post is included in group: Realtors®
Post is included in group: Dedicated Bloggers
Post is included in group: Certified Residential Specialists
Post is included in group: 1st Time Buyers

4 Comments on Tax credit update - June 29 = new bill introduced today!

JUN

2010

I hope this is approved! I am closing on July 15, so really watching this bill. I found more info on the bill here for other interested: http://www.savingtoinvest.com/2009/02/15000-first-home-buyer-tax-credit-in.html

Can't seem to find the offical government site though for more details on this bill.

H.R 5623 – has been introduced and approved by the House (409-5).to try and extend the home buyer credit. It now goes to the Senate, where Senate Majority Leader Harry Reid, D-Nev., has sponsored a similar measure. This is only for those people that were already under contract!

JUL

2010

This was approved by the Senate on June 30th so now it just needs President Obama to sign it.

Homebuyer Assistance and Improvement Act H.R. 5623 still needs to be signed by President Obama.

I just got a short sale approved yesterday, so we will close in less than a week and we are sure glad this was extended or else the buyer was going to back out leaving another vacant home in Boise, Idaho.

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?

Jim Paulson (Owner/Broker)

Boise, ID

More about me…

Progressive Realty (Boise Idaho) www.Progressive-Realty.info

Address: Boise, ID

Office Phone: (877) 466-9648

Cell Phone: (208) 573-0471

Email Me

Jim Paulson is currently the Past President of the Ada County Association of Realtors. I try to use this experience coupled with my 20 years being a licensed Realtor to help bring you relevant information and hopefully an occasional thought provoking idea or two. I am a member of the Greater Boise Chamber of Commerce and and Accredited business with the Better Business Bureau. I can help with Idaho Foreclosures, Boise Idaho Short Sales, building a new home, or even using First time home buyer grants and niche lending prodcuts to buy or strategically sell homes. I am here for your real estate marketing needs! http://www.IdahoMLStours.com Http://www.Progressive-Realty.info Virtual Tour Inventory Widget

Listings

Links

Archives

Find ID real estate agents and Boise real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.