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Loan Modification

: Mortgage Lender Implode-o-Meter

Homebuyer Tax Credit Deadline NOT Extended. But Senate Vote Adds Reid Amendment

By Implode-Explode Heavy Industries

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"The June 30 closing deadline has not been extended...but it was accepted as an amendment to the Tax Extenders Bill. Under the amendment, borrowers who signed purchase contracts by April 30 would be given three extra months to close their loan and still qualify for the homebuyer tax credit. The new deadline would be September 30, 2010."

Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2010 (boomark / email).

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