First Time Home Buyers..............

.......$8,000 tax credit available for first-time home buyers for the purchase of a principal residence between January 1, 2009 and December 1, 2009. This credit does not require repayment and will be claimed on a tax return to reduce the purchaser's income tax liability. There are many great opportunities in the real estate market today and this is just another added benefit for all first time home buyers. Note: a first time home buyer is considered to be anyone who has not owned a home within the last 3 years.