Tax Credit extended and expanded!

Hello friends;

As you may have seen recently, the Senate passed a bill extended the Tax Credit already in effect, as well as adding an additional Tax Credit for folks who have owned their homes for 5 years or more. The House today just overwhelming passed the bill, so it will go into effect as soon as President Obama signs the bill, which is expected to be very soon. On the attached chart, it's stating the rules are in effect as of Nov, but it will still be a few days before the President gets ahold of it and signs off. Local Senators Risch and Crapo, as well as Representatives Simpson and Minnick, supported the Homebuyers Tax Credit bill, as did the National Association of Realtors. Check out the changes that may affect you!

http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf

If you have any questions or concerns, feel free to contact me via email or phone anytime!

Thanks!

Dylan Cline

Mortgage West

dcline@mtgwest.com

208.890.0030

www.GovernmentHomeLoansOnline.com

NMLS# ML011475