Home Buyer Tax Credit is NOT Extended

by theprecisionteam on June 25, 2010

A class photo of the 110th United States Senate.

Image via Wikipedia

Despite the House and the Senate each passing a bill successfully that contained an extension of the Home Buyer Tax Credit, there is NO extension.

As it currently stands anyone who qualifies as a first time home buyer or as a move up/repeat home buyer must have been under contract by April 30th, 2010 and must close that purchase transaction prior to June 30th, 2010.

What is your opinion? Should they extend the tax credit? Leave a comment below and let us know!

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