There has been a lot of questions lately about the new tax credit that just passed into law. Basically, there are two types of buyers who qualify.

1. $6500 is now available for buyers who have lived in their home for 5 years – That’s right, the government has now extended the credit to existing homeowners. Check it out here: http://www.federalhousingtaxcredit.com/faq2.php

2. $8,000 is still available for the first time homebuyer – The first-time homebuyers credit has now been extended until April 30th. That’s right, $8,000 for buying a first home! Check it out here: http://www.federalhousingtaxcredit.com/faq1.php

As always, I’m here to help with any real estate need!