"That is great, I must have missed it while I was gone for the Holiday!"
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"Nice to see only 4.2% won't close, I thought it would be more, but I am sure the President will sign the extension."
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"Yes, wait until after closing. Until everyone has signed (including the seller) and the bank has funded, you don't want anything to mess things up now. One day will not matter too much."
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"I agree with you, I don't see a problem and would think they qualify. He was in uniform, right?"
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"This is from the IRS web site: Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Members of the uniformed services, members of the Foreign..."
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