Homebuyer Tax Credit Extension

The House overwhelmingly past the extension of the 8k tax credit closing date of Sept 30th last evening. This was after the Senate did not pass a bill that included the addition of the tax credit extension. The senate will now have to vote on this stand alone provision. Makes sense that the elected officials deal with one issue at a time rather than bundle things together. Let's get this passed!!!! Will let you know what happense. I still see NO WAY this does not get passed. There is too much backlash from the Big Banks that can't get closings and approvals done quickly...and they will take a lot of heat in the press unless this gets done. Not to worry here at the Robbins/Frantz Mortgage Planning Team. All clients eligible for the credit were approved on time and are closing on time.