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The
Home Buyer Tax Credits Have Expired
The $8,000 tax credit for
first-time home buyers and the $6,500 tax credit for repeat home
buyers have expired.
(However,
service members who were on official extended duty outside of
the United States for at least 90 days
between Jan.1, 2009 and May 1, 2010, may qualify for a one-year
extension.)
For home purchases where a binding
sales contract was signed by April 30, 2010, otherwise qualified
buyers
have until June 30, 2010 to complete the purchase.
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