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home buyer tax credit extention bill pass congress: Home Buyer Tax Credit Extention - 06/25/10 11:15 AM
The proposed EXTENTION to the CLOSING DATE for the Home Buyer Tax Credit DID NOT PASS yesterday.
Unfortunately it was attached as part of a much larger Jobs Bill that would have extended unemployment benefits another 6 months, and added $33 Billion to the deficit.
The proposed bill would have extended the closing date on purchase agreements written prior to April 30th 2010 to have until Sept 30, 2010 to close. Currently those transactions must close by June 30, 2010 to get the credit, and many transactions appear to not be able to make that deadline date. Those facing trouble meeting … (2 comments)

 
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Joseph Metzler MLO MMS NMLS # 274132

, MN

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Mortgages Unlimited, Inc

Address: 33 Wentworth Ave E #290, Saint Paul, MN, 55118

Office Phone: (651) 552-3681

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Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use. Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.


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