$8,000 Tax Credit for New Home Buyers

So for a couple months we've been hearing about the $8,000 tax credit for new home buyers.  Everyone's telling you to buy a house, but there are stipulations that go with it such as you have to qualify as a 'new home buyer' cannot have owned a home in the past 3 years.  There is an income maximum too, if you have income of over $75,000 individually, you cannot receive the whole credit but may receive partial, depending on your situation.  

Anyway, my point is that there has been a lot said about the tax credit.  I know everyone has been excited about it, but many people do not fully understand it.  Without understanding, many people may not take advantage of it. A friend of mine, Sherri Ingle with Intracoastal Realty, sent me a link to this new website that I would like to share with you.  It helps educate our area on the details in an easy to understand manner.  www.GetYour8000.com was created by a group of builders and Realtors in the Cape Fear region to make this tax credit crystal clear and encourage everyone living in our area to take advantage of it.  It is super helpful and answers pretty much all the questions you can think of.  

I encourage you to take a look, and see if you or anyone you know fits the criteria.  If you do, you have until the end of 2009 to close on a house...the stimulus expires on 12/31/09.  It's a great time to buy with this incentive, plus so many homes to choose from... and if you're looking at new construction, many area builders have been offering their own incentives as well!