The Home Buyer Tax Credit, which was extended late last year, is running out of time for you to use it if you plan on purchasing a home.

The Home Buyer Tax Credit is available to first time home buyers and current homeowners alike the only difference is that the first time home buyers will receive a larger tax credit than those who are currently homeowners or have owned a home within the last three years.

If you are considering buying a house in New York or New Jersey now may be the time for you to purchase a home because of the home buyer tax credit that you can receive if you are in contract by April 30, 2010.  If you would like to discuss with one of our real estate attorney’s whether now is a good time for you to take advantage of purchasing a home while receiving up to $8,000 (or $6,500 if you have owned a home within the last 3 years).

To speak with a Staten Island real estate lawyer from our law firm call 800.976.4904 or email us and we will respond back to you.