With the new Stimulus Bill, The First Time Homeowner can now receive 10 percent of the Purchase price up to a max of $8,000 credit on their taxes. This applies only to a first time homeowner that buys from January 1, 2009 to December 1, 2009.
If you have bought a home from April 9, 2008 to December 31, 2008, that credit is only up to $7,500.
I recommend that you see a CPA for more information.
If you are think about buying a home please call me at 719-237-0394 or email to jason@theroshekgroup.com