--UPDATE-- As discussed by Dana Allenthis has passed the Senate but is not law yet. "While the Senate voted to accept the amendment...the Senate has not yet voted on the amended bill itself, which deals with a range of issues from extending unemployment benefits to Medicare funding." (Inman News, June, 2010).
Good news for home buyers already under contract.
The Associated Press just released information that the Senate has approved an extension of the tax credit. However, this extension only helps those already under contract.
We've been scrambling trying to get everyone who is under contract closed by the June 30th deadline. Apparently we are not the only ones. Apparently there is an estimated 180,000 homebuyers currently under contract that…