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Woohoo… The Tax Credit Has Been Extended

July 1st, 2010 · No Comments

The home buyer tax credit has been extended, but not for everyone. It only applies to those who were under contract to purchase a home before. April 30, 2010.

Under the original bill, those buyer would have had to close by June 30. The new bill extends the closing date to September 30.

I think it’s just fair since there’s so many short sales out there and I’m sure there were quite a few buyers who got stuck not closing because they chose a short sale which are notorious for taking forever to get a reply.

Tags: Real Estate Tips