Tuesday May 25, 2010
We have great news for military personnel! If you were out of the country and missed this year’s deadline for the home buyer credit. You have been given an additional year to take advantage of this great opportunity. Qualified service members who served on official duty outside the United States for more than 90 days or more at any time between Jan 1, 2009, to April 30 2010, have an additional year to buy a home and claim the credit. That means you have until April 30, 2011, to sign a sales contract, and until June 30, 2011, to close on a home. Both the $8,000 first time and $6500.00 repeat home buyer tax credits are included.
In addition, the rule that required a homebuyer to repay the credit if they move out of their home within three years has also been waived for qualified service members if they have to sell their home due to receiving government orders for extended service.
Check out some of Virginia home builder, Boone Homes great communities like Richmond’s Haywood Village at Charter Colony or Roanoke’s Stone Manor. We have great sales teams that can help you with all your homebuying questions, and help you every step of the way. Don’t miss out on this tax credit! Take advantage of it today before time runs out. Call or come by and see us today, and let us help you put your family in the home of their dreams.