Home Buyer Tax Credit Extended
Congress has passed a bill extending the Home Buyer Tax Credit closing deadline to September 30, 2010. However, the extension applies only to transactions that had ratified contracts in place as of April 30, 2010, and have not yet closed. There will be no gap between June 30 and the date the President signs the bill into law. For additional information on the tax credit deadline, visit Realtor.org/Government_Affairs.