TAX CREDIT EXTENSION!

November 5th, 2009 — Today the U.S. House of Representatives overwhelmingly supported a measure to extend and expand the First Time Homebuyer $8000 Tax Credit until April 30, 2010 – potentially re-opening a quickly closing window of opportunity for First Time Home Buyers in Idaho along with helping those which would like to “move up”.

The measure was also passed unanimously by the Senate last night, and is currently on the way to the President for his signature. The President is expected to sign the measure as early as Friday. The measure also includes a new $6500 tax credit for existing homeowners who qualify for the program.

Details of the legislation that was passed, including information on who qualifies for the credit, can be found by clicking the following link: Tax Credit Details. This is wonderful news for potential homebuyers in Idaho as it extends the time limit on this great opportunity to make the most of this historically unique real estate market. Mortgage rates are on the rise; now is the perfect time to make the move into a new Idaho home.
Contact Matthew Le Baron at 208-869-3469 to find out more about this tax credit extension and how it can benefit you.