I think the $8,000 first time home buyer tax credit is one of the greatest financial opportunities young people have going these days. Unfortunately, unless Congress extends it past December 1, 2009, it won’t be around for long.
If you’re considering buying your first home this year, remember that if you qualify for this tax credit, your new home may as well have an “$8,000 off!” sticker hanging on it. To continue to help prospective home buyers navigate this opportunity, I recently completed a page featuring first time home buyer tax credit frequently asked questions. I invite you to check it out.