$8,000 First Time Homebuyer Tax CreditIn an effort to stimulate home buying, first-time home buyers (and those who have not owned a home for at least 3 years) who buy a home beginning January 1, 2009 until December 1, 2009 will be eligible to receive a tax credit up to $8,000. To be eligible for the full credit, the buyer's adjusted gross income must be below $150,000 for a couple filing jointly, and phases out up to a maximum adjusted gross income of $170,000 per couple. The home must be your principal residence, and you must live in it for 3 years after purchase. For more information, visithttp://www.federalhousingtaxcredit.com/or give me a call or email. It is a great time to consider purchasing a first home, with prices that are more affordable than we've seen in many years.March 04 2009 - Livermore0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.