November 30 is the current deadline for the first time homebuyer rebate. Here’s the scoop from RIS Media:
For those who purchase a home this year, the tax credit is for 10% of the purchase price, up to $8,000. Those who have owned a home in the past three years aren’t eligible. Buyers also have to meet eligibility requirements regarding income; the current credit begins to phase out for singles who make more than $75,000 and couples who make more than $150,000.
So if you are or you know a first time homebuyer have them find a home buyer real estate agent to help them make a purchase in time to take advantage of this great opportunity.