Roundtable says an extension of the homebuyer tax credit is needed

07/7/2010 | Buffalo News (N.Y.), The

Congress recently approved legislation to extend the closing period for first-time homebuyers to receive a tax credit from June 30 to Sept. 30. "This extension is needed," said John H. Dalton, president of the Housing Policy Council at The Financial Services Roundtable. "It will ensure that homebuyers who are in the process of buying a home can complete the transaction and benefit from the tax credit."

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