Dawn Barrier REALTOR®, 's Blog,LAS VEGAS BLOG

head_left_image

Will the 1st Time Home Buyers Tax Credit Get Extended? Harry Reid & John Ensign Support it...DO YOU?

Will the 1st Time Home Buyers Tax Credit Get Extended? Harry Reid & John Ensign Support it...

Senate bill (S. 1678) recently introduced that would create a six-month extension of the $8,000 federal tax credit for first-time homebuyers and move the current expiration date forward to June 1, 2010. 

Read more: http://rismedia.com/2009-09-20/realogy-supports-new-bi-partisan-senate-bill-to-extend-first-time-homebuyer-tax-credit-for-6-months/#ixzz0Rl8ckpIn

We are all wanting to get an answer...but we will just have to wait and see.

The bill was introduced by U.S. Senator Benjamin L. Cardin (D-MD), along with Senators John Ensign (R-NV), Harry Reid (D-NV), Johnny Isakson (R-GA) and Debbie Stabenow (D-MI). The current tax credit provision for first-time homebuyers, passed as part of the American Recovery and Reinvestment Act, expires December 1, 2009. According to the most recent data from the Department of the Treasury, nearly 530,000 Americans have applied for the tax cut to help them purchase their first home. About 40% of all homebuyers this year will be eligible for the tax credit. 



Read more: http://rismedia.com/2009-09-20/realogy-supports-new-bi-partisan-senate-bill-to-extend-first-time-homebuyer-tax-credit-for-6-months/#ixzz0Rl8oyDGq

Dawn Barrier    EXP REALTY Las Vegas   (702) 812-4550 

 
 
 
 
                  Contact Dawn to Join our Group

 

                            AGENTDREAMLIFE.com

 

 

 

 

 

 

 

 

  

 

   

 

 

 

 

 

 

 

Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are

protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any

way without written permission of Dawn Barrier.If you would like permission to use a photo

please email Dawn     Important Notice -This is a personal blog.

Comment balloon 3 commentsLas Vegas Real Estate Agent Dawn Barrier • September 21 2009 11:31AM

Comments

In some form or another it will get extended! Thats going to be the governments feel good Christmas present to the American people this year.

Posted by Dan Callahan (Callahan's Home Inspections) over 9 years ago

I agree, they will do whatever it takes to extend so it looks like they are trying to help.

Posted by Lisa Ludlow Archer (Live Love Homes-Keller Williams, Charlotte, NC Ballantyne Area ) over 9 years ago

I think that is what a lot of folks are hoping.

Posted by Las Vegas Real Estate Agent Dawn Barrier, South Las Vegas, Henderson, Summerlin Homes (eXp Realty) over 9 years ago

This blog does not allow anonymous comments