Asked by Heather Humphries, Lakeville, MN • Wed Mar 24, 2010
So, the April 30th deadline for the first-time home buyer's tax credit is rapidly approaching. The home that is "the one" turned over to the bank on February 5 but has yet to be listed on the MLS for sale. Nothing else thats currently on the market turns my crank. This will be my first home but it will be a home we'll be in for a long long time. If I wait there is always the risk that I will be outbid. Would you ditch hopes for the home to be listed and settle for something else or hold out for the home you've already fallen in love with and risk losing $8,000 in valuable tax credits? Any thoughts would be appreciated.
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