The First Time Homebuyer's Credit will soon expire. You must have a fully signed sales contract in force by April 30, 2010 and close by June 30, 2010 to qualify. First time homebuyer's may receive a credit up to $8,000, and move-up purchasers may be entitled to a $6,500 credit. There are some income and qualifications to receive the credit. Watch the video below from the IRS for a few more details.
http://www.youtube.com/watch?v=GkzB03uuGlg
Thanks, Cody
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