Congress passed an extension of the closing deadline for the Home buyer Tax Credit, the Home buyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions already under contract as of April 30, 2010, that have not yet closed. The new closing dea...dline for eligible transactions is now September 30, 2010. of the closing deadline for the Home buyer Tax Credit, the Home buyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions already under contract as of April 30, 2010, that have not yet closed. The new closing deadline for eligible transactions is now September 30, 2010.


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