Wow...what a crazy Monday it's been today! Lots of things to do, and way to few hours to accomplish them it seems. Oh well, I work best under pressure :) In all the mayhem today I received this bit of news regarding military veterans that that I think is phenomonal. If you or someone you know is in the service please let them know! This is great!
THE HOME BUYER TAX CREDIT HAS BEEN EXTENDED TO 2011 FOR MILITARY!
In a nutshell, if you are in the military or are a certain government employee you can still qualify for a tax credit, up to $8000, even if you are not a first time home buyer.
Who qualifies? Member or spouse of "uniformed services" or US foreign service.
** If you sold a home because of "orders" between 1/1/2009 and 4/30/2010 and served 91 days of extended duty and you meet income, sales price, and age (18) requirements, you are eligible for the tax credit. You need to sign a contract by 4/30/2011 and close on your home by 6/30/2011.
** You must have served Extended Duty for 91 days between 1/1/2009 and 4/30/2010 outside the US or inside the US and had to relocate a minimum of 50 miles from your primary residence.
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