{"id":36955,"date":"2010-07-01T16:05:31","date_gmt":"2010-07-01T16:05:31","guid":{"rendered":"http:\/\/planetmiamirealestate.com\/2010\/07\/01\/news-buyers-have-been-waiting-to-hear\/"},"modified":"2019-04-23T20:53:44","modified_gmt":"2019-04-23T20:53:44","slug":"news-buyers-have-been-waiting-to-hear","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/","title":{"rendered":"News Buyers Have Been Waiting to Hear"},"content":{"rendered":"<p>Congress has finally passed two important extensions that will give some\u00a0buyers reason to jump for joy! The Homebuyer Assistance and Improvement Act deadline for closing\u00a0has been\u00a0extended from June 30 to September 30. This applies only to those transactions that have ratified contracts dated prior to April 30 that haven&#8217;t closed yet. This program offered qualified buyers up to an $8000 tax credit when purchasing a home.<\/p>\n<p>The other piece of good news is that flood insurance is again available by the Senate&#8217;s extension of the National Flood Insurance Program. The bill is retroactive and covers the\u00a0lapse period\u00a0from June 1 to the date of\u00a0enactment.\u00a0It&#8217;s been impossible to close on some properties because this critical form of coverage\u00a0wasn&#8217;t available anywhere and lending institutions were naturally reluctant to close on loans where\u00a0properties that require flood insurance couldn&#8217;t be insured.<\/p>\n<p>I\u00a0wrote in an\u00a0<a title=\"Tax Extension Struggles for Support\" href=\"http:\/\/planetmiamirealestate.com\/2010\/06\/18\/reported-tax-credit-extension-struggles-for-support\/\" target=\"_self\" rel=\"noopener noreferrer\"><strong>earlier post<\/strong><\/a> that\u00a0it had been erroneously reported to have been passed, but this time it is official.<\/p>\n<p>To read more about the extensions, <a title=\"Inman News Coverage of the Homeowner Assistance and Improvement Act and the National Fllod Insurance Program\" href=\"http:\/\/www.inman.com\/news\/2010\/07\/1\/tax-credit-closing-deadline-extension-passes-congress\" target=\"_self\" rel=\"noopener noreferrer\">click to be directed to Inman News&#8217; coverage<\/a>. To discuss your real estate needs give me a call at <strong><span style=\"color: #ff0000\">305 794.6570<\/span><\/strong> or <a title=\"Leave me a note here\" href=\"http:\/\/planetmiamirealestate.com\/contact\" target=\"_self\" rel=\"noopener noreferrer\"><strong>leave me a note<\/strong><\/a>. You can also get my <a title=\"Receive my posts in your email\" href=\"\/\/feedburner.google.com\/fb\/a\/mailverify?uri=PlanetMiamiRealEstate&amp;amp;loc=en_US\u201d&gt;Subscribe to Planet Miami Real Estate by Email&lt;\/a&gt;\" target=\"_self\" rel=\"noopener noreferrer\"><strong>posts directly in your email<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congress has finally passed two important extensions that will give some\u00a0buyers reason to jump for joy! The Homebuyer Assistance and Improvement Act deadline for closing\u00a0has been\u00a0extended from June 30 to September 30. This applies only to those transactions that have ratified contracts dated prior to April 30 that haven&#8217;t closed yet. This program offered qualified<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5571,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News Buyers Have Been Waiting to Hear - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News Buyers Have Been Waiting to Hear - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"Congress has finally passed two important extensions that will give some\u00a0buyers reason to jump for joy! The Homebuyer Assistance and Improvement Act deadline for closing\u00a0has been\u00a0extended from June 30 to September 30. This applies only to those transactions that have ratified contracts dated prior to April 30 that haven&#8217;t closed yet. This program offered qualifiedRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2010-07-01T16:05:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-23T20:53:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beth Kipnis\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Beth Kipnis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\"},\"author\":{\"name\":\"Beth Kipnis\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/7055ae81a0024c01c235983110cc5d25\"},\"headline\":\"News Buyers Have Been Waiting to Hear\",\"datePublished\":\"2010-07-01T16:05:31+00:00\",\"dateModified\":\"2019-04-23T20:53:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\"},\"wordCount\":209,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"articleSection\":[\"EWM News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/news-buyers-have-been-waiting-to-hear\/\",\"name\":\"News Buyers Have Been Waiting to Hear - 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