First Time Home Buyer Tax Credit Extension – How Many Days Do You Have Left?
Posted on | February 26, 2010 | No Comments
The first time home buyer tax credit extension has helped many first time buyers to save $8000. Many buyers are wondering how many days they have left. As of today, February 26th, 2010, you have 64 days left to take advantage of the first time home buyer tax credit. It would be wise to get started today.
If you plan on “moving up” into a new home and you have lived in your current residence for more than five years you can also take advantage of the first time home buyer tax credit. You will not get a check for $8000 but you will receive a check for $6500. If moving up has been on your mind you might want to work on getting under contract by April 30th, 2010.
There are many free resources available online that can help you to better understand the terms and agreements of the first time home buyer tax credit. Make sure to take advantage of these resources as it could end up saving you a significant amount of money over the next few months.
With mortgage rates extremely low, tax credits available and very affordable homes on the market now is one of the best times in history to buy a home. If you are under contract by April 30th, 2010 you could end up savings $8000 or $6500 based on your position.
Author: Alan Lake
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