The deadline is quickly approaching but there’s still time to take advantage of the “First-Time” Homebuyer Tax Credit.  The rules are simple, here’s what you need to know:

• Anyone who has not owned a home in the past 3 years is eligible
• Purchase a home between January 1 and November 30, 2009
• Receive a tax credit of 10% of the purchase price, up to $8000, on your 2009 tax return

For example, with a home purchase of $65000, you would receive (continue reading…)