First-Time Home Buyer Tax Credit Ending, But Not For All Potential Buyers

The House of Representatives passed a bill yesterday aiming to extend the First Time Home Buyer Tax Credit.  Before you get to excited, it appears that it will only be extended for veterans of our armed forces for up to 6 months.  To qualify, the veteran must have served overseas for 90 days in 2009.  If you are a first time home buyer looking to take advantage of the up to $8000 tax credit, the clock continues to tick.   It is set to expire after November 30th so get your application in with your lender.