Ok so, you qualify as a first time home buyer if you haven’t purchased a house in the last 3 years! So, first time homebuyers… You can get this $8,000 credit if you purchase a home between January 1, 2009 – December 1, 2009
- The credit does NOT need to be repayed (IF you own the home for more than 3 years)
- The credit equals 10% of the homes purchase price up to $8,000
- Your annual adjusted gross income can be no more than $75,000 ($150,000 on a joint return)
So go start house hunting!!
Posted by realestateoptions 
