The extension on the closing date for the homebuyer tax credit has been signed. This is an extension on the closing date of homes under contract before April 30, not a Homebuyer Tax Credit Part III: The Credit Continues. This extension will help homebuyers obtain the credit on homes that otherwise would have missed the June 30 deadline. Good news for buyers under contract, especially for Las Vegas in which a lot of inventory is short sale. These often take several months to close.
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