Tax Credit Closing Extension signed by President Obama
Good news! President Obama this morning signed a tax credit extension for homebuyers who had a contract dated on or before April 30th of this year. The extension is expected to help an estimated 200,000 people complete their home purchases in order to receive the $8000 tax credit, which has been running the past few years.
The bill will allow first time homebuyers and any eligible borrower until September 30th to close on their home. So if you recently put your home purchase on the back burner because you didn’t think you would get the tax credit, call your loan officer and get your mortgage moving again!
As always, if you have any questions about the tax credit (or home loans in general) please don’t hesitate to CONTACT US and we will get back to you as soon as possible. You can also fill out this LOAN OFFICER CONTACT FORM and one of our representatives will review your situation and see if we can help you out!
1 Comment for this entry
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i just wanna thank you for sharing your this info on your blog
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corolla
August 9th, 2010 on 5:32 pm