Homebuyer Tax Credit--Still in Play for our Military and Federal Employees

Our armed forces and government employees who have been deployed
overseas still have time to take advantage of this program. April 30, 2011 is
the deadline for contracting to purchase a home, closing by June 30, 2011.
Individuals who have served official extended duty outside of the United
States for at least 90 days between December 31, 2008 and May 1, 2010 are
eligible for the extended tax credit program. This includes members of the
uniformed services, foreign services (for the United States) and intelligence
service employees.

The tax credit requires the property to remain a primary residence for at
least three years in order to avoid repayment. However, for those eligible
this repayment is waived when required to sell home due to military or
government orders for qualified official extended duty service more than 50
miles away from their primary residence for more than 90 days. For more
information, just give me a call.