Bill Passes to Extend Tax Credit Deadline
Home buyer tax credit
A stand-alone bill passed today extending the closing deadline for the federal home buyer tax credit to Sept. 30, 2010. Backers of the measure said the 90-day extension would permit tens of thousands of home buyers whose paperwork didn’t clear by June 30 to still receive the credit. Estimates from the National Association of Realtors show as many as 17,700 home buyers in California may not receive the tax credit if the deadline was not extended.
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Why the gods allow this sort of thing to continue is a mystery.
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