Inside Houston Real Estate

 The Senate on Wednesday approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring.

The move by Senate Majority Leader Harry Reid would give buyers until Sept. 30 to complete their purchases and qualify for tax credits of up to $8,000. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale.

The proposal, approved by a 60-37 vote, would only allow people who already have signed contracts to finish at the later date. About 180,000 homebuyers who already signed purchase agreements would otherwise miss the deadline.

Posted by Christy Hempel on June 17th, 2010 3:34 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

TX Assoc of Mortgage Prof siteNational Assoc of  Mortgages Prof siteBBB main Websitethe equal Home Oppourtunity website

this is our Home mortgage company Logo


Secure Mortgage Company 2500 West Loop South Suite #250 Houston, TX 77027
Phone: Cell: Fax:

Mortgage Consultant Contact | Home Page | Apply Now | Home Mortgage Calculators | Houston Real Estate Blog | Foreclosure Listings

Copyright © 2012 Secure Mortgage Company
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map



 
State:
County:
City:
Zip: