Extension OK’d for homebuyers
Congress has approved a three-month extension of the closing date for the homebuyer tax credit, giving qualified buyers until Sept. 30 to complete their deals as long as they signed contracts by April 30.

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Homebuyers consider backing out of deals without tax credit
U.S. Senate has failed to approve extension of rebates Some frustrated homebuyers say they’ll look to walk away if they don’t complete the purchases by Wednesday, the deadline to qualify for federal tax credits.

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