Senate-passed $6,500 tax break for homebuyers headed for quick vote in House - wtvr

Buying a home is about to get cheaper for a whole new crop of homebuyers - $6,500 cheaper.

[Linda K]

So let me understand this: does it mean that like myself, who has owned our home for 20 plus years, that we are also eligible for the credit?

[Hannah]

Do I qualify for the $6,500 credit if the lender held a promissory note dated 12/23/04, the transfer tax was paid on 12/28/04 but the deed of trust was recorded on 01/04/05?