The First Time Homebuyer Tax credit is available for purchases before December 1, 2009. A home is considered as “purchased” when all events have occurred that transfer the title from the seller to the new purchaser. Thus, closings must occur before December 1, 2009 for purchases to be eligible for the credit.
That means a buyer has just under 90 days to complete a purchase. Most transactions can take 30 to 45 days or more from the date of the offer acceptance to closing. Make sure you don’t miss out on this great opportunity to receive up to $8,000 in tax credit for the purchase of your new home!Contact me for more details.
I am an Associate Broker with Teton Valley Realty. I have been a licensed REALTOR® for twelve years and actively involved with property sales and development in Teton Valley.
I have lived in Teton Valley for over 20 years and feel fortunate to have made a home here with my husband, Travis, and two children, Conley and Arah. 