This week, the U.S. senate agreed to extend the deadline for The Home Buyers Tax Credit until September 30, 2010. This comes as good news to home buyers who entered into a contract by April 30, 2010 but are on the clock and struggling to meet the original June 30, 2010 closing date.
The House of Representatives still needs to approve this law but are expected to do so by the end of June. In the meantime, real estate professionals across the country will continue their lobbying efforts.
