Posted on September - 29 - 2009

Are you Taking Advantage of the First-Time Home Buyer Tax Credit?

The first-time home buyer tax credit is something that I wish would have been around when I purchased my first home. Not only are home prices lower now than they’ve been in a long time, but you get $8,000 to boot. Recently, there has been talk that it might be extended through at least the early part of 2010 (as of right now, you must close on the house before December 1, 2009).

The first-time homebuyer credit specifically targeted the demographic of readers of this blog. So, it begs the questions:

  • Did you buy your first home this year? If yes, were you motivated by the credit?
  • If you didn’t buy your first home this year, would you do it if the credit were extended?
  • If you don’t plan on buying a home to get the credit, what are you waiting for?

Take the Poll!

Have you bought your first home this year?

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