"First-Time" Homebuyer Tax Credit Opportunity

Up to $8,000 "First-Time" Homebuyer Tax Credit *For homebuyers who have not had any ownership interest in a home in the last 3 years *Closing date of January 1 - November 30, 2009 *Owner occupied primary residence *Tax credit on 2008, 2008 amended, or 2009 return *Tax credit of $8,000 of 10% of purchase price, whichever is less *IRS will issue a refund check if the tax credit exceeds tax liability *Income restrictions - $75,000 adjusted gross income for single tax payer and $150,000 adjusted gross income for married couples filing a joint return (partial credit for those with incomes up to $95,00/single and $170,000/couple) *For single family detached homes, condos, townhouses *Property may not be sold within 3 years or tax credit must be repaid