Changes to Homebuyer Tax Credits and Title Insurance Mineral Coverage

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The tax credit for first-time homebuyers has been expanded and extended by the Worker, Homeownership and Business Assistance Act of 2009 (the “Act”). The tax credit was to apply only to sales to first-time homebuyers that closed on or before November 30, 2009. Now it applies to sales to first-time homebuyers closing on or before April 30, 2010. Read more.

 

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