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House & Senate vote to extend FTHB Tax Credit

I am afraid I have to eat my words. I didn’t think that Congress would have enough common sense to extend the First Time Home Buyer Tax Credit past the November 30 deadline, but it looks like they have. The Senate first passed the measure then the House followed suit and it is now up the the President to sign the extension into law. The $8,000 Tax Credit was not only extended, but expanded. To find out more about the new rules, check out this article from CNBC.

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Now is the time to get busy on that purchase, before we come up with another 11th hour scenario. This tax credit likely will not be extended again. Call me today at 541-342-7576/541-221-3455 cell or e-mail me and let’s get started on your new home.

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