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Contracts must be executed by April 30, 2010... for money in your pocket!

Whether you are a first-time buyer who qualifies for the $8,000 tax credit, or a current homeowner who wants the $6,500 tax credit, you have only until April 30, 2010 to take action. Federal deficits, budget cuts and political jousting make it highly unlikely that Congress will approve another extension of these popular tax credits, and many economists expect interest rates to increase soon.
So what are you waiting for? Here are the highlights of both tax credits:

$8,000 First-time Home Buyer Tax Credit at a Glance:

  • The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a…

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