Thursday, July 1, 2010

Homebuyer credit extension heads to Obama



First-time homebuyers will have until Sept. 30 to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate by unanimous vote late Wednesday.

President Obama is expected to sign the bill, which was overwhelmingly approved by the House on Tuesday. The deadline had been June 30.

Full CNNMoney article: http://bit.ly/dCPQRH

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