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Contact the Tousley Group

If you have any questions or need more detailed information, please feel free to contact me via phone at 253.820.2745 or fill out the form to let us know how we can help with your real estate needs.

Office Location 15 Oregon Ave Suite 107 D
Tacoma, WA 98409
Phone: (253) 820-2745
Fax: (253) 683-4877

Tagged : $8000 First Time Buyer Credit

There are currently 1 blog entries matching this tag.

Will the First Time Home Buyer Tax Credit be extended for all?

Tuesday, October 13th, 2009 at 6:45pm. 158 Views, 0 Comments.

Will the First Time Home Buyer Tax Credit be extended?

As we approach the deadline for closing on purchases to qualify for the First Time Home Buyer Tax Credit of $8,000, I am often asked what the chances are that the program will be extended.  The answer to the question is always the same; your guess is as good as mine.  However, I can give an update on what is happening in Congress where the decision will be made.

First, there is some very positive news from the U.S. House of Representatives.  Last Thursday October 8, 2009 the House passed H.R. 3590, the Service Members Home Ownership Tax Act of 2009 by a vote of 416 to 0.  This bill extends the First Time Home Buyer Tax Credit one full year for Military personnel (and some Civilian Federal workers)…

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