If you have been looking at homes and you are a first time home buyer there are tax credits that are available for you up to $8,000. This will do a lot to bring more people to the bargaining table for their first home. If you not owned a home for the last three years you also qualify for these tax credits. There is another surprise to these tax credits and that is for the people that have lived in the same home for 5 out of the last 8 years consecutively. If this is your situation and you are thinking about moving you qualify for a $6,500 tax credit. When you can take advantage of a Home Buying Tax Credit it gives you the incentive you need to buy that new home you have been thinking about. The American dream is to own your own home. Everyone wants to have their own home and with these tax credits many more people can. These credits are available until April. This means there is still time for you to find the home you have always wanted to buy and save money buying it.

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