Q: Is there still time to take advantage of the $8,000 first time homebuyer tax credit?
A: Yes there is. The first time homebuyer tax credit was extended last year and now effectively expires on April 30, 2010. However, if you enter into a binding sales agreement before April 30, you may have up until June 30, 2010 to actually close. More details are available at http://www.federalhousingtaxcredit.com/faq1.php