The NEWS is in! Senators agree to extend homebuyer tax credit!

Currently set to expire at the end of November, the plan is to remain in effect until the end of April. Purchase Agreements must be signed by the end of April and close by the end of June, 2010.

PLUS Senators agreed to extend the existing tax credit for first-time homebuyers while offering a reduced credit of up to $6,500 to repeat buyers who have owned their current homes for at least five years.

This is great news for the economy! Homes will be bought and moved into and the buyers will receive enough money to purchase retail goods to spur the retail sector, pay down debt and otherwise get things moving.

It's a great time to buy a home! Prices are down, interest rates are still at unbelievable levels and inventory is still great.

Call today to find out your best route to purchasing a new home, selling your current home, and finding out how to qualify for a mortgage. Plenty of inventory in the NE quadrant of the Twin Cities including White Bear Lake, Lino Lakes, North Oaks, Shoreview, Stillwater, Lake Elmo, Mahtomedi, Mounds View and more!

Deb Casper, CRS, e-PRO

Re/Max Specialists, White Bear Lake, MN

651-407-7864