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Federal Housing Tax Credit Deadline Looms

By: Amy Mearkle
Updated: April 27, 2010

HARRISBURG, PENNSYLVANIA  -- Time is running out for Pennsylvania first-time home buyers to qualify for the up to $8,000.00 federal tax credit.

A binding sales contract must be signed by April 30th.  The house must then close by June 30th.
  

For current home owners who are buying another principal residence, a tax credit of up to $6,500.000 is available.  Those deals must also have a signed contract by April 30th and close by June 30th.

(Copyright 2010 by VERTEXNews/Newsroom Solutions)

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