HERE’S A TIP FROM THE I-R-S.
     
HI… I’M BECKI… AND I WORK FOR THE INTERNAL REVENUE SERVICE.

THE DEADLINE FOR CLAIMING THE FIRST-TIME HOMEBUYER CREDIT HAS BEEN EXTENDED.

AND LONG-TIME HOMEOWNERS BUYING A REPLACEMENT HOME… ARE ELIGIBLE FOR A CREDIT AS WELL.
 
IN ADDITION… SPECIAL RULES APPLY TO THE UNIFORMED SERVICES… THE FOREIGN SERVICE AND THE INTELLIGENCE COMMUNITY ON QUALIFIED EXTENDED DUTY OUTSIDE OF THE UNITED STATES.

YOU NOW HAVE AN EXTRA YEAR TO BUY A PRINCIPAL RESIDENCE IN THE U.S.

THAT MEANS YOU HAVE UNTIL APRIL 30TH… 2011 TO SIGN A BINDING CONTRACT. 

AND UNTIL JUNE 30TH TO CLOSE ON THE HOME.

NORMALLY YOU WOULD HAVE TO REPAY THE CREDIT IF YOU DON’T LIVE IN THE HOME FOR A CERTAIN AMOUNT OF TIME.

BUT NOT SO IF YOUR HOME IS SOLD OR IS NO LONGER YOUR PRINCIPAL RESIDENCE BECAUSE OF OFFICIAL EXTENDED DUTY.

LEARN MORE AT I-R-S-DOT-GOV-SLASH RECOVERY.