Qualified individuals who purchased their home on or after April 9, 2008, but before
May 1, 2010, may claim the first-time homebuyer tax credit or the deemed first-time
homebuyer tax credit.
EXCEPTION: The deadline for purchasing the home is September 30, 2010, if the individual enters
into a binding contract to purchase the home before May 1, 2010, and the individual
closes on the home on or before September 30, 2010.