Tuesday, June 22, 2010

Senate approves home tax credit extension

Federal tax credit - Miami homes

On Wednesday, the U.S. Senate approved a plan to give buyers of Miami homes and buyers nationally an extended three months to finish qualifying for federal tax credit that boosted home sales this spring.

The move would extend the deadline to September 30th giving buyers of Miami homes time to complete their purchases and to qualify for the Federal tax credit of up to $8,000. Buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale, under the current terms.

Full Article...Senate approves home tax credit extension

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