Exciting News for Military Buyers!

According to the IRS website, if you have served outside the United States for a period of at least 90 days between December 31, 2008 and May 1, 2010, you have an extra year to purchase a home and receive the Federal Tax Credit for First Time Home Buyers (up to $8,000 for those who haven't owned a home in the last 3 years).  

Yes, you have until April 30, 2011 to have a binding contract on a home and to close on the home by June 30, 2011.

There are restrictions, including how much income you have.

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