A bill extending the $8,000 home buyer tax credit next year for military, diplomatic and intelligence personnel serving overseas has been passed by the House of Representatives. Most agree that this is a strong signal that the Congress will agree to an extension, or possibly an expansion, of the entire credit program into 2010 .Congressman Charles Rangel, chairman of the tax-writing House Ways and Means Committee, sponsored the one-year extension of the credit for military and other personnel serving overseas, and is reported by aides as favoring an extension for the entire program
Harry Reid has it made clear that he wants an extension. He is co-sponsoring a Senate bill that would do so for six months.
This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, www.WilliamsburgsRealEstate.com and www.MrWilliamsburg.com, were created as a comprehensive resource about living in Williamsburg and Hampton Roads, with the hopes of selling a house now and again. You can reach him at 757.254.8136 or John@MrWilliamsburg.com. |
Filed under: virginia real estate, williamsburg va |
Nice article….
Very positive and informative.
Let’s hope the tax credit gets extended. I’m not big on government programs, but this one actually seems to work!
Glad it did..