WASHINGTON June 17 - The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of activity in the housing market. The Senate, with a vote of 60-37, accepted an amendment by Democratic Leader Harry Reid that extends the closing deadline to Sept. 30 for buyers who met the April 30 deadline to have a signed … (3 comments)
Great news for those borrowers (not to mention all of us) who need to close their transaction before June 30th! It's been extended to September 30th!
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