Well, it seems like the tax credit extension is going to pass afterall. All that is left now is the President to sign the bill which is expected as early as this morning.
This is great news for those who got caught in the red tape of tring to close their loan by June 30th and couldn't. FHA financing takes longer to close than before and many of those buyer's would have missed out. The new expiration will be September 30th.
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I wish they had included all of 2008 in the tax credit... i missed out by 3 months
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