Ryan,

At this point, you are going to have to rush to take advantage of the First Time Home Buyer tax credit, it has yet to be extended for a second time. Here in DC, there are rumors of more jobs bills to get pumped through Congress but I have not heard of an intention to extend the home buyer tax credit. But even if you miss the deadline of April 30th, there could still be some good deals out there that still make financial sense. No reason to rush and make a possibly $100k bad decision for an $8k tax credit.

Ryan, To my knowledge there is no extension being considered. They have extended to Military with some restrictions. You are correct in that the Contract must be executed on or before 4-30-10,and must close on or before 6-30-10. You still have a couple of weeks to look, in my area we have new listings coming on everyday, I'm sure Dallas does as well. Have fun looking.

I have not heard of an extention. You still have time to find a great place and sign a contract by April 30th. It's a buyer's market! I would be glad to help you. Feel free to call me with any questions you have.

The first time home owners have passed away. It was our family home until now. kmr722@yahoo.com