Repeat Buyers and 1st time buyers tax credit ending soon

This up-to-$8,000 tax incentive for purchasers expires this month but make sure you are are clear:

Closing need not take place until June as long as contracts are signed by April 30.  Note that the lesser-known repeat buyer’s credit of up to $6,500 got the same extension.  You can get particulars at www.irs.gov; this site from the National Association of Home Builders also has a good round-up of information.

What should you do now?

Find a Realtor,

Find your home,

Write an offer and get your offer accepted,

Have a professional home inspection

Have other inspections, termite, mold, thermal imaging, Radon etc.

Have an appraisal

Move in.

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