Realtor’s continue to watch the movement to extend the credit through April 30th of 2010. The US Senate has passed the extension of the credit & it looks likely that this will become law before the November 30, 2009 deadline expires.
Be sure to contact your Realtor about getting qualified for a mortgage and finding a new home as soon as you can. This possible extension of the credit should give buyer’s who were not able to find and close on a home prior to 11/30/09 new hope. There is no better time to get out there and find a home than right now! Home prices are stable, interest rates are low & buyer’s will have the added bonus of being able to deduct their interest on their mortgage if they itemize! It is a win win!