$8,000 Tax Credit for First-Time Homebuyers!

Who is Eligible?

• The $8,000 tax credit is available for first-time home buyers only.


• The law defines a first-time homebuyer as a buyer who has not owned a home during the past three years.


• All U.S. citizens who file taxes are eligible to participate in the program.

Types of Homes that Qualify for the Tax Credit
All homes, whether single-family, town homes, or condominiums will qualify. However, there are several conditions:

1. The home must be used as a principal residence and,

2. The buyer has not owned a home in the prior three years

For More Information
Complete details on the American Recovery and Reinvestment Act, click here.