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extending the tax credit: NAR is Asking for an Extension on the Home Buyer Tax Credit - 06/05/10 11:19 PM
NAR is Asking for an Extension on the Home Buyer Tax Credit 
As we all know the home buyer tax credit expired on April 30 for purchase and sale agreements with a closing deadline of June 30.  Now, the National Association of Realtors is asking Congress for an extension of that window date. 
One of their arguments is that so many of the properties under agreement are foreclosures or short sales and these types of transactions need more time to close.  Short sales are not, well - short.  They actually take longer to close than the average home buying transaction.  
Lawrence … (14 comments)

 
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Claudette Millette - Metrowest Mass Buyer Broker

Ashland, MA

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