BREAKING NEWS – Homebuyers Tax Credit Extension

Well, it’s not a full extension of the tax credit that many of us were hoping for.  However, the tax credit extension that has been approved by both the House and Senate will alleviate those buyers who had signed a contract by April 30th but did not close in time.  For many, the delay in closing was due to short sale negotiations dragging on longer than 60 or 90 days.  Now these buyers will have until September 30th to close. This extension won’t be completely final until it is signed by President Obama.  However, that is expected to take place by the end of the week.

We hope this news will result in more homebuyers being able to take advantage of this opportunity.

For more information, see full article: http://www.reuters.com/article/idUSN3027132920100701?feedType=RSS  

Advertisements

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: