House extends 1st time buyer credit
June 30, 2010 by avoidforeclosureteam
Filed under Foreclosure News, Foreclosure Process
1st time house credit
The U.S. House of Representatives passed a stand-alone bill
yesterday extending the closing deadline for the federal home
buyer tax credit to Sept. 30, 2010. Backers of the House measure
said the 90-day extension would permit tens of thousands of home
buyers whose paperwork didn?t clear by June 30 to still receive
the credit. Estimates from NAR show as many as 17,700 home
buyers in California may not receive the tax credit if the
deadline is not extended. The bill now must pass the Senate.
More info:
http://takeaction.realtoractioncenter.com/ct/ed_1hNs1PTcQ
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