Home Buyer Tax Credit Deadline Extended
By Carla Hill
July 5, 2010
www.realtytimes.com
The home buyer tax credit now has an extended closing deadline, thanks to Congress. The new deadline is set for September 30, 2010. This new legislation, bill H.R. 5623, will allow for thousands of home buyers to take advantage of the $8,000 and $6,500 tax credits that saw their previous deadline pass on June 30th.
The National Association of Realtors (NAR) has been encouraging of its passage. "We know that up to 180,000 home buyers eligible for the tax credit are rejoicing this morning. And we all thank both houses of Congress for their work to ensure passage of both bills," said NAR president Vicki Cox Golder.
Monday, July 12, 2010
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