The extended homebuyer tax credit deadline expires soon — next Friday, April 30, 2010 to be exact.
So what does this mean? Buyers who qualify and want to take advantage of the homebuyer tax credit need to have a fully executed and agreed contract BY next Friday, and settle by June 30.
I expect this weekend to be a busy one with buyers looking to ensure that their offers are accepted/agreed by next Friday. What if a buyer puts in an offer, it is rejected, and they don’t have one fully executed by next Friday? They are out of luck!
So if you qualify for either the $8,000 first time homebuyer tax credit or the $6,500 homebuyer tax credit and wish to take advantage of this money, you need to GET MOVING!