Recently the goverment produced a plan that would allow buyers who purchase a home in 2009 to take a deduction of up to $8,000 off of their taxes.  Many buyers inquired about the plan, but some were disappointed to find out that it wouldn't help them with actually buying the home.  Well, things have changed, and it seems the government has decided to allow people to use their credit towards their closing costs, which, of course, is HUGE!

If you're a first time homebuyer, I can't think of any better time that there might have been to buy a home.  Inventory FOR DAYS to choose from. Still near historic low interest rates.  FHA loans that allow as little as 3.5% down, not to mention the potential for a full seller's concession. AND, now, $8K towards your closing costs!?!  Ah, who could ask for more???  If you've ever considered buying before (and even if you never thought about it, but you're paying rent each month), I urge you -- get OFF OF THE FENCE, and get INTO the market!!!