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Home Buyer Tax Credit - Will It Be Extended?

By
Real Estate Agent with Keller Williams Realty - Pinehurst

The clock is ticking......the Home Buyers Tax Credit is due to expire April 30, 2010.  I have had several people ask me if it will be extended again.  The answer is - probably not.  All indications are that this credit will not be extended, with the exception that military personel and some other federal employees will have until April 30, 2011 to enter into a contract. So for most people who want to take advantage of the tax credit, you must have a contract on a home within the next 2 weeks.  You have until June 30, 2010 to close on the property. If you have been looking for a home now is the time to make an offer! 

Laurie Davis, Keller Williams Realty- Pinehurst Market Center

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