Home Buyer Tax Credit Extended

 

Rockland County Real Estate Home Buyer Tax Credit ExtendedThe Original deadline for the credit Expired on April 30, 2010, however the expiry date has been amended to September 30, 2010.

Due to the home buyer tax credit extension, expect delays when applying for mortgages these days.  Between this tax credit and all the refinances taking place processing time can be as long as 4-5 months, rather than the normal 6-8 weeks.

Plan ahead and bring a complete package to your lender for their underwriting department.

 

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