Tax Credit Deadline to be Extended
Thursday, July 01, 2010
Good news today as Congress has voted to extend the Federal Home Buyer tax credit for those who were unable to close on their home by the June 30 deadline . Now these buyers will have until September 30 to close on their new homes. This extension only applies to buyers who were under contract before April 30. The National Flood Insurance Program has also been extended until September 30 which provides flood insurance to those who live in flood-prone areas and are unable to obtain coverage.
