Homebuyer Tax Credit Deadline Nearing

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Atlanta home buyers be warned. It’s time to take action or forever hold your peace. If you’ve been thinking about buying a home and have been procrastinating, your opportunity for the $8,000 first-time homebuyer tax credit or the $6,500 repeat homebuyer tax credit is fleeting. We noticed a huge surge in last-minute homebuyers last fall when the previous tax credit was expiring. Many of those buyers waited too long and couldn’t find the right home anymore.

So don’t wait until the last minute. You must enter into a binding agreement on the purchase of a home by April 30, 2010 and close by June 30, 2010 to qualify. The way the current law is written, it actually allows you to procrastinate even longer, which isn’t a good thing. You’ll want to act now to make sure you get first dibs at the best homes before they’re gone.

There are some great homes still available that you can get under contract in time to qualify, so don’t delay. Contact us today to see how we can get you the tax credit and the home of your dreams.

We also have an on-staff CPA to answer all your questions about the tax credit and help you understand whether you qualify for the $8,000 first-time homebuyer tax credit or the $6,500 repeat homebuyer tax credit. Sometimes it’s surprising to find home buyers that don’t realize that they can take advantage of the tax credit.

Contact us today to schedule your complimentary homebuyer consultation.