Home Buyers Tax Credit Extended
Both the Senate and the House have officially passed the extension of the Home Buyers Tax credit today.  The extension includes existing home owners for up to $6500 credit.  Up next President Obama.  More news to come.

Home Buyers Tax Credit To Include Existing Home Owners
The battle to extend the First Time Home Buyers tax credit has taken an even better twist.  Senate Democrats are not only in favor of extending the original credit but are also seeking to include existing home owners as well.  This is very good news for those that have not already taken advantage of the credit but even better for those that did not qualify under the previous plan.  The new proposal is to include a $6500 tax credit to existing home owners if they have lived in their current home for at least 5 years.  The buyers must make under $125,000/year single and $250,000/year married filing jointly.  According to a Senator Harry Reid aide Regan Lachapelle, the new proposal