I mentioned this previously Home Buyers TAX CREDIT EXTENSION of CLOSE OF ESCROW-Harry Reid pushes for New Amendment
Well, so much for keeping our fingers crossed for our Las Vegas Short Sale buyers.
But it ain't over 'til it's over.
Yes, it's dead now, but Senate sources say they are looking into "other options." The point is they can add it to whatever they want and try passing it again and making it retroactive. But June 30th is still the current deadline, and that means an awful lot of buyers will not get what the government promised, and many will likely pull out of deals. Read the article by By: Diana Olick
CNBC...Home Tax Credit Closing Extension Dead
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Dawn Barrier SFR®,CSP® Las Vegas Short Sale Realtor®
Century 21 Realtor® My website: www.LasVegasDawn.com
I am a Las Vegas REALTOR® I specialize in residential real estate, single family homes, Short Sales, Preforeclosures in the Las Vegas area.
Blog Disclaimer-This is a personal blog. All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home. Copyright © 2010, 2009 Dawn Barrier. All Rights Reserved. Any Stats are per the GLVAR MLS as of this writing.