The Senate approved a measure to extend the First Time Home Buyer Tax Credit

The Senate approved a measure to extend the First Time Home Buyer Tax Credit until September 30, 2010. The House had already passed this bill. This will allow the buyers who had qualified for the tax credit but were not able to close by June 30, 2010, to now close by September 30, 2010. The Bill still has to be signed by the President but that seems to be a done deal.

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