June 25, 2010

Scamming the system for $8,000 tax credits

NEW YORK (CNNMoney.com) -- Some homebuyers are angling to claim the $8,000 tax credit even though they missed the deadline.

To claim the credit, buyers had to sign contracts by April 30 and close the sales by June 30. But real estate agents say some buyers are demanding quick closing dates to meet the June 30 deadline, even though they failed to meet the April 30 deadline.

Read the complete article By Les Christie, staff writer published by CNNMoney

Jun 25, 2010 12:53:32 PM | Real Estate Fraud

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