After a nightmare of weeks of confusing developments and delays the three month extension of time to close a real estate transaction finally was approved in the Senate just over an hour ago. That means the extension will become law and any qualifying buyer who had a binding contract in place by April 30 will have until September 30 to close with you and still get the credit.
If you want to thank anyone please send an email to Majority Leader Sen. Harry Reid of Nevada. He allowed the provision to be pulled out of troubled legislation that also would have extended unemployment benefits so this could get action before they left for the July 4 break.
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