THE HOMEBUYER TAX CREDIT AT A GLANCE...

• Nothing to Pay Back – This is Direct Stimulus to You!
  
• The $8,000 credit may be available to First-Time Buyers, and to Buyers who have not owned a primary residence in the past three years.
  
• The $6,500 credit may be available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement.
  
• Single taxpayers who earn between $125,000 and $145,000, and married couples who earn between $225,000 and $245,000 are may be eligible to receive a partial credit.
  
• Purchase price of home cannot exceed $800,000.
  
• Credit available on homes under contract on or before April 30, 2010 and settled by June 30, 2010.

*This is a unique opportunity for all homebuyers to capitalize on today's exceptionally low interest rates and low prices. Perhaps more than ever it is a great time to buy. The program ends April 30, 2010 and is not expected to be extended again. For further details and answers to Frequently Asked Questions about the tax credit, please visit the NAHB at www.federalhousingtaxcredit.com