Yesterday, Senate Majority Leader Harry Reid (D-Nev.) along with Sens. Johnny Isakson (R-Ga.) and Chistopher Dodd (D-Conn.), the Senate Banking Committee chairman, introduced legisation to extend until September 30 the closing deadline for households who have had a contract pending since April 30. Under the program as it stands today, these households have to close on their purchase by the end of this month or else lose their eligibility for the tax credits.
This would be a great. Keep your fingers crossed.
Best regards,
Kevin Kenagy
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