What does this mean for you? If you are a first time buyer that $8000 tax credit can help off-set your closing costs. If you are a current home owner in a house that is squeezed for space, you can get a tax credit of $6500 to move into a larger house. Everyone wins here if you don’t wait too long to do this.

Congress gave a gift to first time home buyers earlier this year. What Congress gives, Congress takes away and unless you get into a contract soon, your likelihood of getting the $8000 First Time Home Buyer’s Tax Credit will be gone. You must have the keys to your new home in hand by November 30th.

If you are considering jumping into the real estate game to buy a home for the first time, this is the year to do it and to thank President Obama and the United States Congress for helping you do it, too.  The Stimulus Bill passed this last week has given first time home buyers a [...]