In this video blog, Robert Brown reminds us that the first time and move up buyer federal government tax credits are expiring soon. If you want to take advantage of these tax credits, you need to find the house you intend to by before the end of April, and close on the new home before the end of June.
Because real estate transactions fall apart quite often, I would recommend having the due diligence deadlines completed by the middle of April. This way, if you have to cancel your contract, you still have time to get a new property under contract before the expiration of the tax credits.