EXTRA! EXTRA! Read all about it. The $8000 first time home buyer tax credit can now be used as downpayment for home buyers. That's right-This is not a typo. You can now use the $8000 first time home buyer tax credit as a downpayment on your new house.

                                                               So if you are a first time home buyer looking to buy a house in Washington DC and Maryland,Now is a great time to buy a house. Interest rates are still historically low. There are still more inventory on the market for you to choose from sellers are willing to accept a reasonable offer below the asking price and closing cost assistance is still being offered to first home buyers. Remember -first time home buyers are defined as someone who hasn't owned a principal residence for over three years before buying a house.

BAD NEWS: Like any good thing,it will not last forever. This $8000 first time home buyer tax credit will only last till December 1,2009. So if you want to get the $8000 first time home buyer tax credit,let's get started right now with the home buying process.

To learn more about the $8000 first time home buyer tax credit,please give me a call at your earliest convenience. And to read more about how you can use the $8000 first time home buyer tax credit as a downpayment on your new house,please click on this link "The Real Estate Summit: Advancing the U.S. Economy," And to know more about the $8,000 home buyer tax credit,please click on this link Federal Housing Tax Credit for First-Time Home Buyers: Tax Credit ...

UPDATE: You can no longer use the $8000 first time home buyer tax credit as a down payment on the purchase of your first home. Please read this article for more information Using First-Time Homebuyer Tax Credits for the Downpayment - It's GONE !!!! - The story of the $8,000 tax credit