Housing Tax Credit Closing Extension Helps Some; Others Finding Market Ripe With Good Deals

 It's not a lot of time, but a three-month homebuyer limited tax-credit extension will help some. "I think it was one of relief by lots of homebuyers who had loans and real estate transactions in the pipeline and couldn't close by the June 30th deadline. The extension gives them the opportunity to finish up their deals and close by September 30th," says Lucien Salvant, National Association of Realtors spokesperson.

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