WNY Homes for Sale

Confused about the Tax Credit Extension?

You are not the only person that is confused, especially with so much misinformation out there.

But Buffalo Realtors are saying it is so on Facebook!

The last couple of days I have seen tweets and posts on Facebook that the Tax Credit has been extended and encouraging people to call the poster about buying a Buffalo home.  But there is a problem...  It hasn't passed yet.   Seeing misinformation regarding the First Time Home Buyer Tax Credit all over the place it is frustrating and who is the consumer to believe?   I have been fielding emails and calls from consumers that are believing what they see on Social Media.    I think there are several people using Social Media who would benefit from a fact checker.

Read Also: Senate likely to Homebuyer's Tax Credit

As a real estate blogger, I  know that I have a number of people that read my site and are dependent on getting accurate information.   I take my time to research information and confirmation before you will see me print something.  I went as far as to say "one step closer" on my Facebook page and I debated about saying that much.   So it was disturbing to me to see so many just go reporting that it has been passed when in fact it isn't a law until the President signs it after both the House and the Senate vote upon it.    

In case you need a quick review of how a Bill becomes a Law Schoolhouse Rock does a great job:

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