Great News! Senate Voted yesterday to exend the $8,000 First Time Home Buyer Tax Credit to June 1st (meaning a purchase agreement would need to be in place by April 3oth, 2010). They have also voted to give existing home owners a $6,500 tax credit to expire on the same date.
The House is supposed to vote on it today…….hopefully it passes and improves the housing market.
Tags: existing home owner, first time home buyer, Tax Credit