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Tax Credit for Homeowners Closing Dates Extended; Not So Fast…..

Written by Scott Cowan on June 17th, 2010

Many people are shouting that the tax credit has been extended…the tax credit has been extended!! this is not completely accurate.

The tax credit will only be extended for closing your transaction if you were already under contract by the April 30th. end of the tax credit.

To qualify for the tax credit you had to be under contract BY April 30th. 2010 and close the transaction BY June 30th. 2010. The only thing that will be extended is the date for you to close your purchase. Congress has not signed the extension into law as of today. We will update you when it is extended.

The extension does not help you if you are  NOW looking for, or thinking of buying a home in Tacoma or anywhere else in the country. There still are many other programs to assist first time homebuyer’s purchase homes. Please look at our site and read our posts to learn more about the programs that are available.

When you’re ready to talk about buying a home we are ready to listen. Give us a call (253) 219-1194

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