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Homebuyer Credit Will Be Extended!

July 1, 2010 by · Leave a Comment 

This just in! The House of Representatives has approved, and President Obama is expected to sign, a bill that extends the $8,000 first-time homebuyer credit until September 30, 2010. Also available is for existing homeowners is a $6,500 credit on the purchase of their next home.

These credits were previously due to expire on June 30th. The new deadline requires purchases to close their escrows by September 30th.

Here’s a good article on CNN Money with more information about this important story.

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