First Time Homebuyers Eligible for up to $8000 Tax Credit.

But you must buy by December April 30, 2010.

There is a tremendous windfall for some homebuyers in the economic stimulus bill just enacted. First time buyers can claim a tax credit worth $8000, or 10% of their home value, whichever is less, on their 2008 or 2009 taxes. There are income restrictions, so be sure to read the report. With prices on homes low, interest rates low, and now a "windfall" tax credit available, now is a great time to be a first time homebuyer.

The following is a sample of this timely, informative special report:

1 It's not as good as the Senate's original $15000 non-refundable credit, but much better than the one passed by the House last July that was more like...

2 To qualify for the credit, the purchase must be made between Jan. 1, 2009 and April. 30, 2010. You must be a "first time" buyer as defined ...

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