Hello again everyone.
I forgot to mention in my last blog entry about a few changes that are in the works in Washington DC that MAY effect this program. Our representatives for the Government Affairs Committee at the St Paul Association of Realtors brought these possible updates back from the National Realtors Capital Hill visit in Washington DC last month.
Remember these items are not Voted on yet but have been presented only. They may or may not pass.
- Congress it thinking of extending the date from December 31st, 2009 but no definite date has been recommended as of yet.
- They are considering making this program available to ALL home buyers not only first time buyers.
- There is even talk of raising the dollar amount.
- One of the proposals is to also include 2nd homes for Snow Birds and Cabin Owners.
These would be great add amendments to add to the current program and hopefully Congress will pass them.
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