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Virginia Association of Realtors » On April 30 the Federal homebuyer tax credit expires. Last call! »

On April 30 the Federal homebuyer tax credit expires. Last call!

The homebuyer tax credit expires on April 30.  If you'd like to receive up to $8000 in the form of a tax credit for purchasing a home, time's running out. You must have a ratified purchase contract by April 30 and close on the home by June 30.

There are rules to the Obama administration's program, of course. Check out this story we ran right after Obama signed the measure into law that answers many of the frequently asked questions.