The Senate passed the homebuyer tax credit extension today, allowing those who were under contract by April 30, 2010 to move past the original deadline of today, June 30, 2010 to settle by September 30, 2010.
NASDAQ reported this wonderful news a short time ago.
The House voted in favor of the homebuyer tax credit extension yesterday. The Senate voted unanimously today. President Obama must still sign it into law.
What a wonderful thing for those approximately 180,000 homebuyers who were unable to settle today due to circumstances out of their control.