Hi all!

I know many would-be first time home buyers are wondering if the tax credit is going to get extended.  We all sit and wait with baited breath and hope and wonder.

Well, it looks like there is SOME good news--at least for active duty military;  H.R. 3590:  Service Members Home Ownership Act of 2009 is making it's way through voting right now.

Once this passes (and of course, we are not sure when that will be), it means that the current $8,000 tax credit is extended for active duty military that have served overseas for at least 90 days in 2009 and were unable to take advantage of the First Time Home Buyer tax credit.

It will extend this benefit for one year, until November 30, 2010 for those eligible. 

This is great news for those of you that are/were deployed!  Check back on the above link to follow the status (I know I will!).  If you have questions, feel free to contact me or if you already have a realtor, ask them for details! 

Until next time!

Valerie Sullivan
Owner/Broker, GRI, e-Pro
Sullivan Enterprises
Fort Walton Beach, FL
www.ValerieSullivlan.com
Valerie@ValerieSullivan.net
850-803-8446