When is the TRUE DEADLINE for home purchases to be entitled to the $8000. tax credit for 1st time buyers? Please CLARIFY. Thanks.

Ben
Home Buyer
94110

Answers (3)
Dunes
Both Buyer and Seller
Benton County, OR

Ben

From the IRS site....
Q. Which home purchases qualify for the first-time homebuyer credit?

A. Any home purchased as the taxpayer’s principal residence and located in the United States qualifies. You must buy the home after April 8, 2008, and before Dec. 1, 2009, to qualify for the credit. For a home that you construct, the purchase date is considered to be the first date you occupy the home.

Q. When do I have to buy a new home to get the credit?

A. The home must be purchased after April 8, 2008, and before Dec. 1, 2009, in order to obtain the credit. For a home you construct, the purchase date is considered to be the date you first occupy the home

http://www.irs.gov/newsroom/article/0,,id=206291,00.html

Tue Oct 13 2009, 18:16
Carolina Joe Id...
Agent
Charleston, SC

You must close on, or before November 30, 2009 to qualify. For a complete set of guidlines go th my blog at the link shown below.

Tue Oct 13 2009, 17:48
Janet Guilbault
Mortgage Broker
or Lender

Walnut Creek, CA
FIRST ANSWER

Must be recorded by Nov. 30th, 2009 to get the credit.

Tue Oct 13 2009, 17:42

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