Homebuyers who were in contract by April 30 but can’t close by June 30 may still be eligible for the federal homebuyer tax credit. On Wednesday, the Senate passed (60-37) a proposal set forth by Senate Majority Leader Harry Reid to extend the closing deadline from June 30 to September 30. The closing extension is [...]
Posts Tagged ‘Harry Reid’
AP: Senate to Vote on Bailout Plan Wednesday
The political posturing continues regarding the bailout bill. Now the Senate may vote on the bailout package Wednesday to keep things moving forward following a House defeat of the proposal Monday. According to the AP: In a surprise move to resurrect President Bush’s $700 billion Wall Street rescue plan, Senate leaders slated a vote on [...]
