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Update… Still not signed but hopeful that this will be addressed!

June 24, 2010 By

Due to the challenges associated with purchasing short sale and foreclosure properties, many home buyers who signed contracts prior to April 30 to take advantage of the federal home buyer tax credit are concerned escrow may not close prior to the June 30 deadline. As a result, the Senate added an amendment to a bill this week that, if approved, will extend the deadline to close to Sept. 30, 2010. If the Senate passes the bill, it will go back to the House of Representatives for approval prior to reaching the president’s desk for his signature.

Filed Under: first time home buyers, Short Sale Updates, What's New?

About Jeffrey Simons
For the last 14 amazing years, I have consistently helped entry level buyers, distressed homeowners (short sales) and move up home owners as a trusted adviser. I work with a highly competent, high tech, focused group of business professionals which include a very knowledgeable mortgage consultant offering 29 years of expertise and experience, a tenacious escrow officer, the most experience title representative I have ever met, in addition to an extremely well rounded inspector, a real estate appraiser, and an incredible transaction coordinator. My teams ultimate and only goal is to make your move enjoyable and memorable. I specialize in Anaheim Hills and the surrounding cities throughout the magnificent communities of North Orange County.