Southern Maryland Association Of Realtors

Status of the Homebuyer Assistance Act of 2010 Extension

6/30/2010

The United States House of Representatives has just passed  HR 5623, the Homebuyer Assistance and Improvement Act of 2010, by a vote of 409-5.  This bill extends the deadline for closing tax credit eligible transactions from June 30 to September, 30, 2010.   The bill moves to the Senate where the outcome is much less certain.

This is not yet a done deal.

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