Just wanted to keep you updated on the extension of the Homebuyer Tax Credit.  It has passed at both the Senate and House (just passed this afternoon) levels and is awaiting President Obama's approval.  The extension actually brings about even more opportunity for buyers!

Here's a quick summary of the most important additions/changes that have been approved by Congress thus far:

*       Tax credit extended for eligible buyers who sign sales contracts by the end of April and close by the end of June.
*       Tax credit of up to $6,500 for buyers who have owned their current homes for at least 5 years.  (this is HUGE!!)
*       Income levels have also been proposed for increase. The new proposal is set to include individuals with incomes up to $125,000 and couples up to $250,000; this is an increase from current tax credit provisions of $75,000 for individuals and $150,000 for couples.

Give me a call or send me an email and I'll fill you in with the information I have been provided.  Please call us at 618.719.3134 or via email at so that we can get started looking for your new home and some free money!!  :-)