Washington, D.C. – July 7, 2010 – (RealEstateRama) — The Financial Services Roundtable supports the passage of H.R. 5623 the “Homebuyer Assistance and Improvement Act of 2010”. The legislation will extend the deadline for closing a home sale in order to be eligible for the first-time homebuyer tax credit, until October 1, 2010. The new extension becomes effective and applies to residencies purchased after June 30, 2010. The bill will enable consumers who have signed a contract to purchase a home to complete the transaction and utilize the credit
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