I bought your report on First Time Homebuyers & have a question. Yesterday a tenant & I met with a mortgage broker to qualify him. He has a good job & easily makes enough to pay the mortgage. Unfortunately he also has some long time dings on his credit from years ago. He is a typical dimwitted tenant; he will save up money to buy a nice car but not to pay off some relatively minor items that “were not his fault”. Anyway we convinced him to take care of these items but it make take a couple of months for this to show up on his credit report.
My question is: “Any chance that the First Time Buyer credit will be extended beyond Dec 1, 09?”