Once again the misinformation is flying on what is going on with the Homebuyer’s Tax Credit Extension.  Tuesday the House of Representatives voted to approve an extension until the 30th of September, but presently, it is only a bill sitting there on Capital Hill (I hope that there are some Schoolhouse Rock fans who can appreciate that).  The Senate must now approve the extension and they voted against an extension earlier this month.  To clarify, however, there was unamimous belief that the extension needs to happen. But the bill upon which they voted coupled the extension of unemployment benefits with an extension of the Homebuyer’s Tax Credit.  Needless to say, all of this is a bit of a moot point as the Homebuyer’s Tax Credit expires today and any extension will be retroactive and transactions still need to have been undercontract prior to April 30th, 2010.