Crunch Time

The time is coming near...the first time home buyer tax credit is coming to an end on April 30th. So if you qualify as a first time home buyer...BUY NOW!!! Now is the best time to buy a home, because the rates are at an all time low and the home prices are at it's lowest...since...forever. No where else in the world would someone pay you to purchase a home. Right now, The United States will pay you to buy a home, not many times in life can you say that.

Take advantage of the tax credit and buy a home today.

Here's what you need to do:

1. Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract by April 30, 2010 and close by July 1, 2010.
2. Decide whether to: apply the credit to your 2009 tax return, filed on or before April 15, 2010;
file an amended 2009 return; or, apply the credit on your 2010 return, filed on or before April 15, 2011.
3. Attach documentation of purchase to your return.