You must have a signed purchase agreement in place by April 30, 2010 to qualify for the current buyer's credit of up to $6500 or the first time buyer's credit of $8000. This means you have to find a home, write an offer and get it signed and accepted by April 30th. Not impossible but you need to act now! Note - foreclosures take longer to get signed documents back from the seller. You are cutting this close if you don't have your offer in now.
Current buyers have to have lived in their homes for 5 consecutive years out of the past 8 years to qualify.
First time buyers have to been non-homeowners for the last 3 years to qualify.
Some income and home price limits apply. Do you qualify? Call me today.