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  3. Homebuyer Tax Credit Etension for the Military

Homebuyer Tax Credit Etension for the Military

Posted on Jul 26, 2010

New benefits under the Homebuyer Tax Credit for military members serving outside of the U.S. have been extended by one year.  First time homebuyers that are members of the military have until April 30, 2011 to enter into a purchase contract. If a contract is signed by the April 30th deadline, homebuyers will then have until June 30, 2011 to close on the purchase.

This extension applies to any member that serves on qualified official extended duty service outside of the U.S. for at least 90 days during the period of December 31, 2008 and May 1, 2010. 
 

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