Congress -- both the U.S. House and Senate -- passed the Homebuyer Assistance and Improvement Act of 2010 (HR 5623), which extends the Closing Deadline for Homebuyer-Tax-Credit eligible transactions to September 30, 2010 (instead of June 30). This extension of the Closing Deadline applies only … [Read more...]
Cincinnati Real Estate: First Time Home Buyer Tax Credit Deadline
The deadline for the First Time Home Buyer tax Credit is quickly approaching. The language of the legislation reads that the homes must be closed by November 30th, and many home buyers are not aware of the time it takes to complete a real estate transaction. On average I have seen transactions take … [Read more...]
