House votes to extend home buyer credit 3 months

Yesterday, the House overwhelmingly passed a bill, which would give homebuyers an extra three months to complete their purchases and qualify for a generous tax credit. The extended deadline only applies to people who signed purchase agreements by April 30. The bill now goes to the Senate, where Senate Majority Leader Harry Reid, D-Nev., has sponsored a similar measure. More than 2.6 million taxpayers claimed the tax credit through April, according to the Internal Revenue Service.
Read full article:http://www.usatoday.com/money/economy/housing/2010-06-29-homebuyer-tax-credit_N.htm

Mike Pristow | REALTOR®
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Mike Pristow, Donna Hodge & Associates
Keller Williams Realty - The Marketplace
2230 Corporate Cir., #250
Henderson, NV 89074
d. 702 .939 .0034
f. 702 .948 .1001
e. mike@pristow.com
www.pristow.com

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Nevada to get $102.8 million for foreclosure prevention

Nevada will receive $102.8 million as part of a program to help residents who are trying to avoid foreclosure on their homes.

President Obama announced the "Hardest Hit Fund" earlier this year during a visit to Las Vegas. Nevada is among five states that will receive funds from the program, and Senate Majority Leader Harry Reid said Nevada will receive the largest amount per resident.

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