Homebuyer Tax Credit Tip
 | Did you know that members of the Armed Forces, military intelligence and Foreign Service who are on extended overseas duty or who have been on active duty for more than 90 days in 2008 and 2009 have another year to use the tax credit (through June, 30, 2011)? This is a great incentive for those serving our country!
Please keep in mind that the home purchased using the tax credit must serve as the principal residence for a period of no fewer than three years, or the homebuyer must forfeit the entire credit. Military, intelligence and foreign service members do not |
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have to repay the credit if they have to sell their home after fewer than three years occupancy due to official business.
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