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Guest 08-24-2010 01:36 PM

Another headline
 
http://www.drudgereport.com/

Guest 08-25-2010 11:01 AM

This was predicted by just about everyone when the home-buying tax credits expired.

Guest 08-25-2010 11:09 AM

Quote:

Posted by Guest (Post 286803)
This was predicted by just about everyone when the home-buying tax credits expired.

The homebuyer credit was extended and doesn't expire until Sept. 30, 2010. That is the date home buyers have to close on the mortgage and be eligible for the first-time buyer credit of $8,000 or $6,500 for the existing home owner credit.

Guest 08-26-2010 05:44 AM

I thought it was just the deadline for having the P&S signed that was extended (allowing for people who took a lot of time to arrange financing).

If true, I stand corrected. I hadn't heard.

Guest 08-26-2010 06:56 AM

Quote:

Posted by Guest (Post 286808)
The homebuyer credit was extended and doesn't expire until Sept. 30, 2010. That is the date home buyers have to close on the mortgage and be eligible for the first-time buyer credit of $8,000 or $6,500 for the existing home owner credit.

http://www.irs.gov/newsroom/article/...204671,00.html


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