If you have a Counter Offer in hand then I suspect you are working with an agent. Call your agent or meet with him/her in person for a full explanation of the terms and conditions of the purchase agreement and counter offer as it pertains to your pending purchase. Online advice from agents without them viewing the documents and all of the particulars may be misleading, misguided and misunderstood ~ that you don't need!
Best of luck,
Broker / Owner
Thom Colby Properties
Newport Beach, CA
A counter offer IS a rejection of the original offer. For example Bob's house is listed for $200,000. Joe makes an offer to buy Bob's house for $180,000. Bob counters at $190,000. Joe's original offer is dead. It's been rejected. Bob's counter doesn't have to state that, it just is.
If an offer is being countered on July 1, then it would appear that there was no ratified contract prior to July 1--certainly not by the April 30 deadline. And without a ratified contract by that date, you wouldn't qualify for the tax credit.
Again, check with an accountant.
Hope that helps.
"Does a counter offer addendum that states; "this rejects the purchase agreement..." actually supercede the date of the original?"
My understanding is that the date of a contract is tied to when the contract is entered into via a "meeting of the minds" (for example, buyer signs offer on 1st day of the month, seller agrees on day 5 and Buyer receives written confirmation of this, then the contract date is day 5). Therefore, a counter offer addendum that states "this rejects the purchase agreement..." indicates to me that a "meeting of the minds" has not taken place and therefore no contract has been entered into.
On the other hand, if a "meeting of the minds" took place prior via a counter offer, and one of the parties has submitted this counter offer addendum for signature that states "this rejects the purchase agreement...", I would see this as a request to cancel the contract, which would be up to the recipient to decide whether this is agreeable.
Again, the Agents on this forum do not have all the facts, so it's best you act on advice from someone who does!