The US senate is most likely to extend the 8000 dollars first time home buyer credit scheme by at least another six months, as the negotiations are said to be in final stages. The passage of the bill is likely to be taken up in the coming days. Also the government might enable second home buyers also to get some concession, provided they have been owning and staying in their first home for at least five years out of the last eight years. The provision is meant to exclude all real estate investors from benefiting from the scheme.