Congress is looking at extending or expanding the buyer tax credit. It currently expires 11/30 so loans have to be closed by that date. I know a lot of 1st-time buyers who have benefited from this credit and a lot more who could.
If you would like to see it extended, or you bought and benefited from the program, let your senators and congress-persons know so they can offer their insight when they decide if they should extend it.
Rumors are it may be extended for 6 months, and it may be opened up to buyers who are not 1st time buyers but are moving up to a more expensive home, selling theirs to give 1st-time buyers more to choose from. Nothing is set yet, so any input you want to give is appreciated.
Get a note or e-mail off to Ron Kind or Russ Feingold and let them know your opinions.
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