Did you miss the April 30, 2010, deadline to get your offer written on that new home and fear that you have forfeited your opportunity to qualify for that wonderful Home Buyer Tax Credit?
If you are a member of the Military, the Foreign Service or the Intelligence Community, the opportunity has not passed you by!
The Federal Government has acknowledged the unique circumstances affecting YOU and has extended the deadline for both the $8000 first-time buyer tax credit and the $6500 tax credit for repeat home buyers.
QUALIFICATIONS:
- Served or will serve on official extended duty outside of the U.S. for at least 90 days between January 1, 2009 and April 30, 2010.
DATES
- Must have a binding sales contract in place on or before April 30, 2011
- Must close on the home on or before June 30, 2011
BETTER YET . . .
The rule that requires Buyers to repay the credit if they move out of their home within 3 years has been waived for qualified service members -- uniformed military, Foreign Service and members of the intelligence community -- IF you have to sell your home because or orders for extended duty service.
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