Home Buyer Tax Credit Extended!

Wednesday, the Senate voted to extend the $8,000 tax credit for first time home buyers through the first six months of next year. The bill passed 98 to 0! Thank you all, who wrote to you Federal Senators! Today, the bill should reach the house floor, and be passed. It will then go on to the White House for Pres. Obama's signature.

First time home buyers of homes under $800,000 (!!) must have a contract signed by April 30, 2010, and close it by June 30, 2010. Those who buy a new primary residence, who have owned their current home for at least five consecutive years in the last eight years, can get a $6500 credit!

People who make more than $125,000/yr or couples who make more than $225,000/yr are not eligible.

Federal legislators are NOT expected to extend these tax credits beyond the six months.

To take advantage of this buyer's market and get your tax credit, call JACE. 360.565.2030 or email jace@olypen.com .