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If you have any questions or need more detailed information, please feel free to contact us via phone at 503.621.6512 or fill out the form to let us know how we can help with your real estate needs.

Office Location 9895 SE Sunnyside Rd. Ste. F
Clackamas, OR 97015
Phone: (503) 621-6512
Fax: (503) 534-7887

Breaking News: President Signs Tax Credit Extension & Expansion

Posted by Melinda Morgan on Friday, November 6th, 2009 at 3:26pm.

President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.

Who Qualifies for the Extended Credit?  

  • First-time homebuyers who purchase after today and before April 30, 2010, are eligible for the extended tax credit.
  • Current homeowners purchasing a new principal residence after today and before April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
  • So long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

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