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Closing deadline will be extended to Sept. 30

Both houses of Congress have now passed an extension to Sept. 30 of the closing deadline to qualify for the homebuyer tax credit, the Post's Lori Montgomery reports. The measure will go to President Obama for his signature.

Only buyers who already met the April 30 deadline for going under contract on a home purchase will be affected by the extension of the closing deadline.

By Elizabeth Razzi  |  July 1, 2010; 9:41 AM ET
Categories:  Buying , Taxes , The economy , The market  
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