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The Real Deal Miami

Over 65,000 Floridians get homebuyer credit

September 30, 2010 01:00PM

The federal homebuyer tax credit program will end Thursday, but more
than 65,000 Floridians have taken advantage of the credit,
according to the U.S. Government Accountability Office. Since 2008, the
program has been changed and extended several times. The most recent
version of the program required buyers to sign a home contract by April
30, with a closing deadline of June 30. That deadline was extended to
tomorrow by Congress. Most buyers were able to close on their home
purchases, with either $8,000 in first-time homebuyer credits, or
$6,500 as a repeat homeowner. [Palm
Beach Post]