The Central Ohio real estate market may have some home buyers that are rejoicing the tax credit expansion.  The original deadline for the credit was June 30th, but the deadline was just extended, by congressional approval, to September 30th.  The tax credit will benefit Central Ohio home buyers who placed a home under contract on or before April 30th.  Many people were  having a hard time closing by the June 30 date for a variety of reasons.

Home buyers who put a Central Ohio property under contract by the April 30 deadline may have hit snags due to an over-abundance of homes going through the mortgage process, the slow process of closing a short sale or foreclosure property, or buying a new home that wasn’t completed in time.  Whatever the reason, there are surely a few home buyers in Central Ohio that are rejoicing the extension.

If you are looking to buy or sell a property in New Albany, Gahanna, Blacklick, Westerville, or another Central Ohio community, please contact The Raines Group. We offer professional real estate advice and are happy to help you achieve your real estate goals. Please contact us today via our online contact form or by calling The Raines Group at 614-418-7417.

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