First-Time Home Buyer Tax Credit
Newly enacted legislation providing tax credit as much as $8,000 for first-time home buyers (anyone not owning a home in the past three years) plus $6,500 for current homeowners with five years eligibility requirements.
Like so many of the good things in life, time is of the essence for first-time home buyers who want to take advantage of this outstanding opportunity. Only homes purchased on or before April 30, 2010 and closing before July 1, 2010 are eligible.
For more information go to http://www.federalhousingtaxcredit.com