Posts Tagged ‘Claiming the Homebuyer Credit’

How does the new extension to the homebuyer credit work?

Wednesday, July 7th, 2010

On June 30, Congress passed H.R. 5623, the Homebuyer Assistance Improvement Act of 2010, and President Obama has now signed it. The new law provides the first-time homebuyer credit to taxpayers who were in contract before May 1 but couldn’t meet the June 30, 2010, closing date as required in the prior law. (more…)

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