Home buyers relieved by deadline extension to get $8,000 home credit# Living
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Congress has approved a three-month extension of the homebuyer tax credit
closing date, giving qualifying buyers until September 30 to close their
deals as long as they signed contracts by April 30.
The legislation, passed by the House on Tuesday and the Senate late
Wednesday, gives first-time homebuyers and "move-up" buyers more time to
qualify for tax credits of up to $8,000 and $6,500, respectively.
The buyers must still have met the April 30 contract date, so no new
contracts can be signed t
closing date, giving qualifying buyers until September 30 to close their
deals as long as they signed contracts by April 30.
The legislation, passed by the House on Tuesday and the Senate late
Wednesday, gives first-time homebuyers and "move-up" buyers more time to
qualify for tax credits of up to $8,000 and $6,500, respectively.
The buyers must still have met the April 30 contract date, so no new
contracts can be signed t
