We are hearing that the extension of the incentive may be extended beyond the first time homebuyer...
Senators have agreed to extend the tax credit for first-time homebuyers and to include the repeat buyers...
The tax credit will be $8,000 for first time homebuyers who write an offer before the end of April, 2010, and close by the end of June. Repeat buyers can receive up to $6,500.00, if you have owned your present home for at least 5 years.
While this is still in the process of approval, but we are hopeful that this will go into effect, at least some part of this plan...
Stay tuned for updates...
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