When does the Home Buyer Tax credit expire?

March 6, 2010
By barbaraqf

The home buyer tax credits are expiring on April 30, 2010. To qualify for the credit, a contract must be signed and sealed by that date and delivered/closed by June 30, 2010. First-time buyers can get up to $8,000 and move-up buyers can qualify for up to $6,500. First-time is somebody who has not owned a home in three years. Move-up buyers are those that have lived in their home for at least five out of the last eight years. Again, these both expire April 30, 2010 and no one knows if Congress will renew it.

Time is running out for those who are thinking about Buying Now.