The Senate cleared the way yesterday in an 85-2 vote to stop debate on the proposal which clears the way for it to be sent to President Obama.
The homebuyer tax credit, due to expire at the end of November would be extended through April 30 of next year. First-time buyers who are in the process of making a purchase would not need to worry about qualifying for the $8,000 credit if they close after the November 30 deadline.
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