Today the House passed the Unemployment Extension Bill by a vote of 403-12.  Yesterday the Senate Bill passed 98-0.  I think it is a slam dunk that the President will sign this legislation in the near future.

The new version of the Homebuyer’s Tax Credit still has the $8000 for First Time Homebuyers, as the version expiring November 30th had.  It also allows $6500 for “move-up” buyers, provided they have been in their home more than 5 years.  There is an income cap of $125,000 for individuals and $225,000 for couples.  Also, there is a price cap of $800,000 for the purchased home.

Don’t hesitate to shoot Lane a message if you have any questions, or need any help. And check out the new links for FREE Property Searching, FREE Comparative Market Analysis and FREE Market Reports. They are near the top of the page…