The $8,000 tax credit for first time home buyers and the $6,500 tax credit for "long time residents" has been extended. The extension date is stated as April 30th of 2010. However, this means the buyer must be under contract by April 30th but has until June 30th of 2010 to close and still qualify for the tax credit.
115 Westover completion date is scheduled for the end of April and will definitely be completed in time to qualify for the tax credit as long as the home is under contract by April 30th of 2010. To learn more about the Tax Credit please visit www.federalhousingtaxcredit.com.
