The Federal tax credit has already expired as of April 30, 2010, unless you had an approved accepted offer and is already in escrow and has not closed, you still have until September 30, 2010 to close and qualify for the credit. What other options does a first-time homebuyer have to be able to get into homeownership? Do you know that in addition to FHA, CalSTRS and VA loans, there are still programs available and to name a few are: WISH, MCC, SCHFA and HomePath financing. Working with a knowledgeable Realtor® is key.
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