Reminder: Tax Credit Closing Deadline Extended
Congress recently passed a bill that will extend the closing deadline on the Homebuyer Tax Credit. The extension lengthens the closing date to September 30, 2010. This deadline is for home purchases that had a signed contract by April 30th of this year. There will be no gap between June 30th and the date the President signs the bill into law.
Additionally, Congress has extended the National Flood Insurance Program through September 30th as well. This bill is retroactive and will cover the lapse period from June 1, 2010, to the date the law is enacted.
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