Don't forget to remind them about the first -
time home buyer tax credit deadline.
Not exact matches
While the original
home buyer tax credit deadline passed in April 2010 (and isn't available in 2012), military families and some government workers on assignment outside the U.S. were given an extension until April 30, 2011, to get a
home under contract and take advantage of up to $ 8,000 in
tax credits for first -
time buyers and $ 6,500 in
credits for repeat
buyers.
This extended the
deadline for the First -
Time Home Buyer Tax Credit from Nov. 30, 2009, to April 30, 2010, and expanded it to include repeat
buyers.
That guidance is especially critical for
buyers who are trying to beat the Nov. 30 closing
deadline to qualify for the federal first -
time home buyer tax credit.
Beyond the usual crop of
buyers and sellers using the school year as their timeline, there are thousands more who'll be motivated to get a deal in writing by April 30 to qualify for the federal
home buyer tax credit, which was expanded late last year to include both first - time and repeat buyers (see «Tax Credit Deadline: What You Need to Know»
tax credit, which was expanded late last year to include both first - time and repeat buyers (see «Tax Credit Deadline: What You Need to Know&ra
credit, which was expanded late last year to include both first -
time and repeat
buyers (see «
Tax Credit Deadline: What You Need to Know»
Tax Credit Deadline: What You Need to Know&ra
Credit Deadline: What You Need to Know»).
The
time homes spend on the market is also down 14 % as
buyers scramble to take advantage of the
tax credits before the
deadline of April 30, 2010.
The last
time the index was higher was in April 2010 when it reached 111.5 as
buyers rushed to beat the
deadline for the
home buyer tax credit.