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From the Publisher

First-time homebuyers—who make up more than half of American adults planning to buy a home in 2009, according to a recent Move.com survey—may qualify for up to an $8,000 tax credit. But time is running out.

With the first-time homebuyer tax credit, historically low mortgage rates, very affordable home prices and the great selection of homes from which to choose, this is the opportunity of a lifetime.

The National Association of Home Builders (NAHB) has created a number of resources to give you all the information you need. The cornerstone is the www.federalhousingtaxcredit.com Web site, which has received nearly 2 million visits since March.

Another reason to act soon is the limited time frame of the credit. Qualified buyers must close on the home on or before December 1, 2009.

There are good reasons for anyone interested in buying a new home—not just first-timers—to do it now. But with $8,000 on the table, first-timers no longer have any reason to sit on the fence.

MIMI BRIEGEL
Publisher
mimib@florida-homebuyer.com