Looks like the First time buyer tax credit has been extended.
The House voted it through earlier in the week and now the Senate has also approved H.R. 5623, the Homebuyer Assistance and Improvement Act, which also cleared the House earlier. The bill would give first-time home buyers until Sept. 30 to claim an $8,000 tax credit if they bought a home before April 30; for current homeowners, the credit is $6,500. The original period for claiming the tax credit had expired yesterday (June 30).
There are many happy home buyers and agents and Mortgage lenders alike that are very happy this morning.
So let's get those deals done and fiond some more deals!
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