First-Time Home Buyers Tax Credit Extended!!

Hello again Peachtree City!!  As the dust finally settles….the Senate finally decided not only to extend the tax credit but to expand it as well!  

Yes, you can exhale now, especially all you folks that waited until the last minute to take advantage of the credit.  Legislation passed on Wednesday, November 4, 2009 which will  extend the much debated $8,000 first-time home buyer tax credit.  Also included in the Bill was the establishment of a new $6,500 tax credit for “move-up” buyers!  

Note from Sen. Johnny Isakson: Support of Extension of 1st Time Home-Buyers Tax Program!

Hello again Peachtree City!  You probably didn’t know this but I have been a proponent for gaining the support from our elected officials related to getting an extension of the 1st Time Home-Buyers program.  My efforts went so far as to send personal letters to both Senators Saxby Chamblis and Johnny Isakson asking for their positions on pending issues and continued support on others. 

Folks, I would be remiss if I first didn’t state that I received responses from both Senators.  I thought I’d share the response I receive from Sen. Johnny Isakson which acknowledged his efforts as co-sponsor of the Bill to extend the tax credit to 2010.  What you may not have known is that he also fully supports a Bill that would also create a $15,000 tax credit for all home buyers.