The time is drawing near for the expiration of the Home Buyer Tax Credit!  In an effort to stimulate the national housing market, Congress extended and amended the First Time Homebuyers Tax Credit from November of 2009 until the end of April of 2010 and to also include current homeowners looking to purchase a second home.  The tax credit enables qualified homeowners to receive a credit of up to $6,500 when purchasing a second home or for qualified potential homebuyers to receive a credit of up to $8,000 upon purchasing their first home.

In order to qualify for the tax credit you must have a binding contract by April 30, 2010 and a closing date no later than June 30, 2010.  For more information on the tax credit feel free to visit the National Association of Realtors (NAR) website or contact the Internal Revenue Service (IRS) at 1-800-829-1040.

Time is running short, don't miss out!