Thursday, June 17. 2010
The US Senate approved an amendment yesterday to extend the closing deadline for the Homebuyer Tax Credit to September 30th for contracts signed by April 30th. The tax credit provision is part of the aforementioned jobs and tax package that both chambers must still vote on before it becomes law. If passed, it would mean homebuyers in contract by April 30th, will now have until Sept 30th to close, instead of the prior deadline of June 30th.
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