Tax Credit Passed the Senate — on to the House of Representatives!
I am so excited to report that the Senate skipped a step last night: they did not invoke cloture but went right to a vote on the housing bill. It passed 98-0! As everyone says, things in Washington aren’t always predictable – they must know that the country needs to fix housing first!
The bill now goes to the House, where a vote is expected today! Most of the action, to date, has focused on the Senate. However, today, it is important that you contact your congressperson, to let them know how truly important this is. Tell them to pass it – quickly! Everyone hopes this can be on the President’s desk today or tomorrow. If passed, it will not only extend the date that a first-time buyer must close on a new home (November 30, 2009), it will also give buyers that are not first-timers, a $6,500 tax credit, when buying a new home.
As always, if you are interested in buying, selling or investing in real estate, call us for help. Experience True Experience!