Avalon Real Estate Newshttp://www.avalonsells.com/index.htmlHot News!enleslie.brunelle@avalonsells.comCopyright 2009 Brian Brunelle2010-07-01T20:30:51-04:00 hourly 1 2000-01-01T12:00+00:00 Tue, 06 Oct 2009 11:07:12 -0400Home Buyer Tax Credit Extendedleslie.brunelle@avalonsells.comNews2010-07-01T20:30:51-04:00http://www.avalonsells.com/blog/files/ee9e94bb06fff8b0127af3658fe00e79-6.html#unique-entry-id-6http://www.avalonsells.com/blog/files/ee9e94bb06fff8b0127af3658fe00e79-6.html#unique-entry-id-6HOME BUYER TAX CREDIT EXTENDED

Congress passed an extension of the closing deadline for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010, that have not yet closed. The legislation is designed to create a seamless extension; the new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30 and the date the President signs the bill into law. Extending the tax credit closing deadline will help provide additional stability to real estate markets across the nation.

CALL OUR OFFICE FOR FURTHER DETAILS OR ANY QUESTIONS THAT YOU MAY HAVE.
]]>