$8,000 Home Buyer Tax Credit

It's official.

The $8000 "first time buyer" tax credit been extended for you to put a home under contract by April 30th 2010.

Here's how it works...

If you make less than $125,000 a year as an "individual" or $225,000 as "joint/married" and haven't owned a "primary residence" in the the last 3 years the government is going to credit you $8000 when you go to buy your next home.

What if you already own a home?

No problem - if you've owned for at least 5 consecutive of the last 8 years then they pony up $6500. Tricky.

So...

Who gets to take advantage of this unique opportunity?

Smart buyers ... that's who.

Smart buyers understand right now the real estate market is the best it's been and, likely, the best it will be in their lifetime.

Here's why now is a great time to buy...

We've not seen prices this low since 2000. It's like turning back the clock 10 years.

Right now, interest rates are near historic lows. That means you get a better home for a lower monthly payment.

And the government is chipping in $8000 in free money.

Don't be one of those people that is kicking themselves come May 1st for not acting with the time was right.