Keyword: tax credit extension
Did the Senate extend the closing date for the buyer tax credit?
Did the push for the extension work? After strong urging from the National Association of Realtors among other industry trade groups, the Senate approved the homebuyer tax credit extension today. Previously, homes contracted before April 30th (when the tax credit expired) were required to close before June 30th in order to qualify for the credit. Given that the lending process ...
NAR urges congress to take action, gets mixed reviews
National Association of Realtors’ move: This spring, many homes were sold prior to the April 30th expiration of the home buyer tax credits and the market took an upswing, but many fear that because these homes must close by June 30th, some buyers will not be granted the tax credit given that the timeliness of the lending process isn’t consistent. ...
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Did the Senate extend the closing date for the buyer tax credit?
Did the push for the extension work? After strong urging from the National Association of Realtors among other industry trade groups, the Senate approved the homebuyer tax credit extension today. Previously, homes contracted before April 30th (when the tax credit expired) were required to close before June 30th in order to qualify for the credit. Given that the lending process ...
NAR urges congress to take action, gets mixed reviews
National Association of Realtors’ move: This spring, many homes were sold prior to the April 30th expiration of the home buyer tax credits and the market took an upswing, but many fear that because these homes must close by June 30th, some buyers will not be granted the tax credit given that the timeliness of the lending process isn’t consistent. ...
Benn Rosales
Conal Campbell
Elijah May
Lani Rosales
Tara Steele
Marti Trewe
Charlene Jimenez
