Zillow Advice: Buying Process - $15,000 tax credit http://www.zillow.com/advice-thread/15-000-tax-credit/197046/ Zillow Advice | Zillow Real Estate Kevin - probably not. As ... http://www.zillow.com/advice-thread/15-000-tax-credit/197046/ Kevin - probably not. <strong>As it currently stands</strong>, a home must be purchased by 12/31/2009. "Purchased" is generally meant to occur when the transaction closes. BUT, the Stimulus Bill has not been finalized yet. It still has to pass the Senate, then must go to a conference committee for the difference between the House and Senate versions to be reconciled. THEN it has to be voted on and THEN (assuming it passes) has to be signed by the President.<br/><br/>The current language could change before it gets out of the Senate, or in conference committee. <br/><br/>In other words, it's still in flux. Anything could happen so it's pointless to speculate on what it might be.<br/> Sun, 08 Feb 2009 15:33:00 GMT http://www.zillow.com/advice-thread/15-000-tax-credit/197046/ 2009-02-08T15:33:00Z