As a potential first-time homebuyer myself and search marketer in the real estate industry, I was particularly interested in the $8,000 first time homebuyer tax credit included in the 2009 stimulus plan.

As far as the potential homebuyer is concerned, this credit is a definite improvement over the 2008 version, which was essentially a interest-free loan. The 2009 homebuyer credit does not require repayment and is refundable if your tax liability is lower than the amount for which you qualify. Not too bad, I say!

So I was very excited when I got the green light to write my first work article outlining the first-time homebuyer tax credit. For certain, the article doesn’t contain any earth-shattering revelations. Most of the details are readily available from various sources, but my hope is that first time homebuyers will find it to be a concise representation of the benefits. And obviously I hope this will help folks make that exciting move to buy their first home!

If you are interested in reading the full article, you can find it here.