Hey, first-time homebuyer: How does $8,000 from your Uncle Sam sound? Want an extra $8,000? If you're a first-time homebuyer then we have a nice surprise for you. Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers - an income tax credit of up to $7,500. The rules were simple: you must have been a first-time homebuyer (as defined by not owning a home in the previous three years) and you met certain income restrictions. The new $8,000 tax credit is available to those who buy between January 1, 2009 and December 1, 2009. It's (0 comments)