You or may not have considered living at ICON Miami Beach at some point and your decision may or may not have been swayed by the recent homebuying tax credit that has since expired.  Assuming you did purchase at the ICON recently, you may also be at some stage of reaching the closing.  And, if you know anything about the credit deadlines, there’s a chance you’re racing to have your transaction closed by the end of this month.

If you are one of those people in that situation, you might find yourself not having to hustle quite as much, at least not if lawmakers have their way.  They, along with the National Association of Realtors and a number of lenders swamped with contracts are pushing to have the closing deadline extended by three additional months until September 30th.  While nothing is set in stone just yet, if you’re trying to buy an ICON condo unit you might appreciate this bit of news.

Should you be inclined to buy at ICON South Beach, you should know that this extension will not actually apply towards buying.  In other words if you don’t already have a contract signed then you’re still too late to snag those $8,000 dollars.  On the other hand, if you’re worried about meeting the deadline then you now may have some room to breathe.