The $8000 tax credit has NOT expired!! At least not for everyone.
While it has expired for most buyers, the credit still remains in effect for certain military personnel and foreign service employees deployed overseas for 90 days or more between January 1, 2009 and April 30, 2010. They can still claim the first time homebuyer $8000 tax credit if they sign a contract on or before April 30, 2011 and close on or before June 30, 2011. While this is a relatively small group, it is worth keeping in mind particularly for members of the military ending tours of duty in Iraq and Afghanistan among other places, as well as sailors returning from naval deployments across the globe.
What a nice, but small way to honor our current military members. During this Memorial Day weekend, please don’t forget to honor our past and present heroes that have sacrificed for us to have our freedom.
If you are a military service member, please contact the Charleston Relocation Experts Team if you would like more information about the tax credit.