Now it is my tun to break down the $8000 First Time Home Buyer Tax Credit. I must admit, when the bill was being negotiated in the Senate, before moving forward to the House of Representatives I was following it very close, in attempt to report the results in a timely manner. But as we know now, that was a lost cause because it kept changing hourly it seemed. But now we have a signed bill, and albeit it was very trimmed down from what the Senate, National Association of REALTORS®, and the National Association of Home Builders wanted as was outlined in Fix Housing First Act article I posted, notably which would have included a $15,000 tax credit for everyone buying a home.
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