Tax Credit could Go to $15000

Real Estate Agent with The Keyes Company 3195704

For those that have heard whispering about a $15000 Tax Credit, it is true.  Both the House and Senate have bills introduced that expand on the current program.  One of the bills introduced by Sen. Johnny Isakson a Republican from Georgia proposes an increase to $15,000 or 10% of the purchase price, to Anyone , not just first time home buyers.

Other offering are a $3000 tax credit for Borrowers who refinance. Some of the program may not get passed, since these programs are tied to the New Stimulus Package and the current price tag it sitting at $900 Billion. Once signed into law they will be extended until mid-2010, from the current programs the expire December 1 2009.

C. "Chuck" Mixon, Realtor

Keyes Company

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