Tax Credit May Be Extended for Overseas Military Personnel

By
Real Estate Agent with Century 21 Bell Real Estate

Dear Military Personnel or Family or Friend of the Military:

I have just been made aware that it may be possible for you to still take advantage of the first time home buyer tax credit. There may be an extension for military personnel who were overseas. Please see details below:

Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Members of the uniformed services, members of the Foreign Service and employees of the intelligence community are eligible for this special rule. It applies to any individual (and, if married, the individual’s spouse) who serves on qualified official extended duty service outside of the United States for at least 90 days during the period beginning after Dec. 31, 2008, and ending before May 1, 2010.

I would be happy to help you look for your new home. Interest rates remain low and the inventory is high, so the time is perfect to find that new home.

Click here to Search for Your Cheyenne Home now.

Connie
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Wyoming Laramie County Cheyenne
Tags:
military
tax credit
extension
overseas military
cheyenne homes
search for homes
low interest rates

Anonymous
Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
644,737
Adam Malachi
RLO Millennium Real Estate and Mortgage. - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Good post! Very good information's! I think the tax credit did get extended for military serving over seas for one more year!

Thanks for sharing,

Adam

May 14, 2010 01:35 PM #1
Anonymous
Post a Comment
Spam prevention
Show All Comments
Rainmaker
129,633

Connie Webb

| Cheyenne Real Estate
How is the Cheyenne Real Estate Market?
*
*
*
Spam prevention

Additional Information