NORTH Idaho Real Estate Pro

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No Relief! Extension fails the Senate - Homebuyer Tax Credit Extension

 The Associated Press just announced:  Homebuyers tax credit extension fails

Home buyers already under contract for a home by April 30, 2010 will still have to close escrow no later than June 30, 2010 in order to receive the $8000 first time Homebuyer tax credit or the $6500 tax credit for repeat HomeBuyers.

Bill, H.R. 4123, if passed, would have given these Homebuyers an additional 3-months to close (September 30, 2010).

The vote was 57-41, three short of the 60 needed to beat a Republican filibuster.

According to the Associated Press article: Last week, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced home sales fell 53 percent in May for the 13 western states of the U.S. Nationally, home sales dropped 33 percent over the same time period.

Free MLS Property Search at:  www.SellingNorthIdaho.com

Contact:   Pam Jank, Realtor, ABR, GRI, CRS, RSPS, PPS
Previews Property Specialist
Web:  Coeur d'Alene Idaho Homes for Sale
email to:pamjank@hotmail.com
Phone:  208-661-2282 Fax:  208-772-6282 Toll Free:800-829-2555 EXT.1275
COLDWELL BANKER SCHNEIDMILLER REALTY
1924 Northwest Blvd, Coeur d'Alene, ID  838314

ABR Designation - Accredited buyer's representativeGRI Designation - Graduate Realtor InsituteCRS Designation - Certified Residential SpecialistRSPS Designation - Resort & Second Home Property SpecialistPreviews Property Specialist Designation

Your North Idaho Real Estate Pro - Pam Jank


CONTACT INFO:

Pam Jank, CRS, GRI, ABR, CNE, RRS, Realtor(c)Pam Jank, CRS, GRI, ABR, CNE, RRS, Realtor(c)
Your North Idaho Real Estate Pro
www.SellingNorthIdaho.com - Your Free Local MLS Property Search Link
208-661-2282 or Toll Free 800-829-2555 ext. 1275
Coldwell Banker Schneidmiller Realty
1924 Northwest Blvd, Coeur d'Alene ID 83814
 

 

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Comment balloon 4 commentsPam Jank • June 28 2010 05:01PM
No Relief! Extension fails the Senate - Homebuyer Tax Credit Extension
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