Tax Credit Deadline is April 30th! Whether you’re a first-time buyer or long-time homeowner, you could qualify for the tax benefit that could add thousands of dollars to your pocket. But time is running out. The deadline to have your new home under contract is April 30, 2010.
Here are some details:
- Eligible first-time home buyers receive a tax credit up to $8,000.
- Prior homeowners may qualify for a $6,500 tax credit.
- Income limits have been raised to $125k for individuals and $225k for married couples.
- Both credits are available for home purchases up to $800,000.
For more information visit federalhousingtaxcredit.com.