Collier Swecker video blogs about Congress considering legislation that would extend the closing date for homebuyers who have entered into sales contracts that qualify them for the $8,000 tax credit. The National Association of Realtors estimates that nearly 50,000 families will not be able to close on their homes by June 30, 2010, even though they have met all of the requirements to qualify. The banks and mortgage companies are so log-jammed with files that they cannot process all of the mortgages by the deadline. I am normally not in favor of governmental involvement in private industry, but in this case the Government has promised taxpayers benefits and is failing to deliver on these promises. On June 16, 2010, the Senate passed the Amendment, so it is off to the House for final vote there! If you have any comments or questions about whether Congress will extend the tax credit closing date, email me at Collier@MegaAgentRealEstate.com or visit my website at www.MegaAgentRealEstate.com.