First-Time Homebuyer Tax Credit will be Extended = Great News for Buyers and Sellers!

Today, the House of Representatives voted 403-12 in favor of extendingthe first-time home-buyer tax credit.   It will be extended through April 30, 2010. Yesterday the Senate voted  98 to 0 in favor of the extension.  

It has been reported that President Obama  will sign the Dodd-Lieberman-Isakson amendment which includes the  bill’s extension   and expands the federal tax credit for first-time home-buyers. The amendment extends the tax credit through April 30, 2010.

The President  is planning on signing  the amendment as soon as tomorrow.  

I will have more information on this bill in the coming days.  

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