Posts Tagged ‘Senate’

First Time Homeowner Stimulus Extention

Posted in Uncategorized on 11/02/2009 07:23 pm by John Plepel

According to CNN.com (click here for the article: http://www.cnn.com/2009/POLITICS/10/28/senate.homebuyers.credit/index.html ), the senate is reportedly close to an agreement that would extend the tax credit program.  Additionally, the article says the new bill will also include a tax credit for current homeowners who purchase a new home.

The bill will also need to go to the House of Representatives and there are many details that still need to be disclosed, including income requirements.  I will forward more information when I come across it. 

In addition, if you would like to speak to a lender about these programs, feel free to drop me a line (john.plepel@EscrowRE.com or 708.790.8705).  I have a couple good loan officers I can refer you to.