Comments on: IRS Releases Instructions on how to Claim Homebuyer Tax Credit http://realestateconsumernews.com/home-buyers/irs-releases-instructions-on-how-to-claim-homebuyer-tax-credit/ Real Estate Consumer News is a one stop source for consumers to get the information they want and need concerning real estate Sat, 10 Sep 2011 13:21:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dennis Norman http://realestateconsumernews.com/home-buyers/irs-releases-instructions-on-how-to-claim-homebuyer-tax-credit/comment-page-1/#comment-3152 Dennis Norman Fri, 04 Jun 2010 20:21:39 +0000 http://realestateconsumernews.com/?p=2073#comment-3152 Malu, It sounds like you met the April 30th deadline to enter into a contract but unfortunately you must close the sale by June 30th to qualify for the home-buyer tax credit, so if you are not going to be able to close until July I think you are out of luck. Here is a link to a page on the IRS web site that discusses this: http://www.irs.gov/newsroom/article/0,,id=204671,00.html I am not aware of any other federal tax credits that may be of help...Some States have their own incentive programs so you may want to look into that.. Good luck Malu,
It sounds like you met the April 30th deadline to enter into a contract but unfortunately you must close the sale by June 30th to qualify for the home-buyer tax credit, so if you are not going to be able to close until July I think you are out of luck.
Here is a link to a page on the IRS web site that discusses this:
http://www.irs.gov/newsroom/article/0,,id=204671,00.html

I am not aware of any other federal tax credits that may be of help…Some States have their own incentive programs so you may want to look into that..

Good luck

]]> By: Malu http://realestateconsumernews.com/home-buyers/irs-releases-instructions-on-how-to-claim-homebuyer-tax-credit/comment-page-1/#comment-3151 Malu Fri, 04 Jun 2010 19:51:08 +0000 http://realestateconsumernews.com/?p=2073#comment-3151 We signed a contract to have a new home built before April 30, 2010 but it still under construction and will not close until the end of July 2010. Can we still apply for the first time homebuyer tax credit? If not is there any other credit that we can apply for? We signed a contract to have a new home built before April 30, 2010 but it still under construction and will not close until the end of July 2010. Can we still apply for the first time homebuyer tax credit? If not is there any other credit that we can apply for?

]]> By: Shane http://realestateconsumernews.com/home-buyers/irs-releases-instructions-on-how-to-claim-homebuyer-tax-credit/comment-page-1/#comment-2328 Shane Mon, 22 Feb 2010 21:39:17 +0000 http://realestateconsumernews.com/?p=2073#comment-2328 Darn, I closed on my house January 15th, and I mailed my tax documents a few weeks ago with a copy of the HUD-1 statement. However, the personal copy I have doesn't have the bank's signature on it, it was a foreclosure. It does have the attorney's signature along with mine though. I hope this won't be a problem :( Darn, I closed on my house January 15th, and I mailed my tax documents a few weeks ago with a copy of the HUD-1 statement. However, the personal copy I have doesn’t have the bank’s signature on it, it was a foreclosure. It does have the attorney’s signature along with mine though. I hope this won’t be a problem :(

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