buyer tax credit extension: Will the Buyer Tax Credit Be Extended? - 07/01/10 04:34 AM
Will the Buyer Tax Credit Be Extended?
 
According to a NY Time article, both the Senate and the House have now passed a bill which would extend the tax credit for 3 months.
 
This only extends the tax credit for those who were already in escrow by the April 30, 2010 deadline; it does not allow more people to initiate and escrow or purchase at this time to get the tax credit.
 
This was done because thousands of buyers stood to lose the credit for failure to close timely.  The lenders and escrow companies I've spoken to this … (5 comments)

 
Christine Donovan, Broker/Attorney 800-610-7253 DRE01267479 - Costa M (Donovan Blatt Realty) Ambassador large

Christine Donovan

Broker/Attorney 800-610-7253 DRE01267479 - Costa M

Costa Mesa, CA

More about me…

Donovan Blatt Realty

Address: 250 E. 17th St., Ste. 295, Costa Mesa, CA, 92627

Office: (800) 610-7253

Mobile: (714) 319-9751

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Author Bio: Christine Donovan is a real estate broker and attorney. She is a lifetime local resident of Orange County, and the head of the DonovanBlatt Team which specializes in real estate sales and purchases in the Orange County area with a focus on Costa Mesa, Newport Beach and Huntington Beach.

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