Tag Archives: Home Buyer Tax Credit Extension

Tax Credits to Expire June 30: Why So Early?

Under the revised terms for tax credit eligibility, a home buyer must enter into a binding sales contract by April 30, and close on the sale no later than June 30, 2010. These deadlines apply to both first-time and repeat buyers. Why, you might ask, are the deadlines so early? Continue reading

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President Obama Signs Tax Credit Extension and Expansion

On November 6, President Obama signed H.R.3548: Worker, Homeownership, and Business Assistance Act of 2009. It extends and expands the homebuyer tax credit. The tax credit highlights are listed. Continue reading

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Tax Credit Extension Is Expected, but It Will Be the Last

The extension and expansion of the home-buyer tax credit is now widely expected, but it should be the last, according to Senator Johnny Isakson, Republican of Georgia, the program’s chief proponent. Continue reading

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