As usual, roomers fly about expectations. Then, it’s it put into motion. Then, it’s signed and accepted. Obama used the Homebuyers Assistance and Improvement Act of 2010 to extend the date in which someone can close on their home and still benefit from the Tax Credit.
First time buyerswith purchase loans that close before October 1 of 2010, and applications were completed and received by April 30 of 2010 will be eligible for the $8,000 tax credit.
See YMGFL for more details!