You have probably heard quite a bit about the credits and incentives being offered to help new home buyers realize a dream of homeownership. These incentives are critical to our economic turnaround as well and as such, the Federal government has made them very compelling. From our perspective, this credit is literally like the tax payers plopping a sack of free money on the doorstep of your new home!
The best resource I have seen yet to clarify the benefits and limitations of the credit is a FAQ that was done by the National Association of Home Builders or NAHB.
