April 30 is the last day to take advantage of the federal tax credit for homebuyers. Under the guidelines, a home must be under contract by April 30 and close by June 30.
First-time buyers are eligible for up to $8,000 in credit. Current homeowners who have lived in their home for at least 5 of the past 8 consecutive years can qualify for up to $6,500 when relocating.
The National Association of REALTORS estimates that 4.4 million households will take advantage of the credit in 2010.
Expect many open houses during the month of April to give buyers every opportunity to find a new home! For more information on the tax credit or for a list of homes that match your "wish list" please contact me at 972-841-0999!
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