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Tax Credit Closing Extended

Tax Credit Closing Deadline Extended


After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet closed. The legislation is designed to create a seamless extension the new closing deadline for eligible transactions is now September 30, 2010. There is will be no gap between June 30 and the date the President signs the bill into law. NAR worked closely with Congressional leaders on both sides of the aisle to enact this important legislation.

Lake Meadows, Smithville, MO, New Homes 100% Financing, NO Money Down

Sales have been very bsen brisk for Lake Meadows in Smithville, Missouri. As of 4/30/2010, there is only one new construction model home available for sale. The Lake Meadows area is only moments from Smithville Lake and Paradise Pointe Golf Complex. Homes start at $149,900 and this area qualifys for the USDA Rural housing loan, Direct Program as well as the Guaranteed program. This loan offers qualified buyers a no money down option. Call Paul Garnett at 816-985-PAUL for details.

More homes are under construction to meet the demand of this wonderful neighborhood.
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U.S. Department of Housing and Urban Development (HUD)

U.S. Department of Housing and Urban Development (HUD)