If you have been renting for the past 3 years you could receive $8,000 if you buy in 2010
If you have been renting for the past 3 years you could receive $8,000 if you buy before April 30, 2010. First time home buyers that qualify are eligible to receive up to $8,000 simply by purchasing a home this year.
Renters who are tired of their living arrangements and would like to own their very own home now have good reason for buying a home in 2010. In addition to the tax credit, low home prices and low interest rates make this the right time for some renters to enjoy home ownership.

