Home Buyer Tax Credit Extension


Yesterday, the House passed HR 5623 by an overwhelming margin of 409 to 5. This bill would extend the “close-by” deadline for the home buyer tax credit to September 30. The Senate still must approve the measure before President Obama can sign it into law. Senate leaders announced that they are working on a similar bill on which to vote. As a stand-alone bill, the extension appears to have the broad support needed to pass.

Source: NexBank Mortgage


About Tom Branch

Tom Branch has written 597 posts in this blog.

Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).