Friday, July 02, 2010
HOME BUYER TAX CREDIT AND FLOOD INSURANCE EXTENSION PASSED BY SENATE AND HOUSE and SIGNED BY OBAMA
HR5623, extending mandatory closing date to qualify for the homebuyer tax credit has extended closing deadline to September 30, 2010 for contracts signed by April 30, 2010. National Association of Realtors estimates more than 14,000 closings will benefit.
The National Flood Insurance Program has been extended to September 30, 2010, retroactive to May 31, 2010.
Posted by Marilyn Farber Jacobs at Friday, July 02, 2010