First-Time homebuyers (those have not owned an interest in a home in the past 3 years) may qualify for a tax credit up to $8,000.
Homeowners who have who have owned and occupied a primary residence for a period of five consecutive years during the last eight years may qualify for a tax credit up to $6,500.
Home purchase must be in contract by April 30 and close escrow by June 30, 2010.
Sale price may not be more than $800,000.
Find out more by sending your questions to Linda (just click on this link)
