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This information is part of our commitment to provide you with information on current real estate market conditions. The more informed you are...the better the decisions you can make about your real estate.
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Home Buyer Tax Credit Extended for Military Personnel
The majority of home buyers need to sign sales contract by the end of April to qualify for the $8,000 first-time and $6,500 repeat home buyer tax credits. The deadline is April 30th for a binding contract with a settlement and closing date of no later than June 30th 2010. But if you are a qualified active Military service man or woman, you have an additional year to take advantage of these great incentives. This extension is based on a legislative provision targeting active members of the military, the Foreign Service and the intelligence communities. The provision only applies to those who have served on official extended duty for 90 days or more outside the U.S. from January 1st 2009 through April 30th 2010. The provision also protects those service members who must sell their home because of official extended duty from a rule that requires buyers to repay the credit if they move out of their home with in 3 years. More information can also be found at www.federalhousingtaxcredit.com.
Earth Day - April 22
Every year, April 22 marks the worldwide celebration of Earth Day. In 2010, earth Day will commemorate its 40th anniversary and more than half a billion people are expected to participate in this year's events. The Earth Day Network hopes to have thousands of marches, parades, lectures and clean up projects around the globe. You can find a list of events in your area at www.earthday.net.

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