Tuesday, October 4, 2011

Concerning the real estate tax credit?

If you would want to take advantage of the first time home buyer tax credit, do you only need to have a signed contract? Or do you need to also be approved for a loan and have a signed contract?
Thank you
I am in the process of moving to another state and am trying to sell my house. My friend, who is already approved and we are waiting to close, is purchasing the property. The question just came up and I though I would give YA a shot.

Chosen Answer:
You need a signed contract this month, and the entire thing needs to be complete by

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