http://www.trulia.com/voices/Home_Buying/I_am_buying_a_condo_townhouse_in_Florida_next_mont-111608en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-34429-66863/http://www.trulia.com/voices/profile/Real_Estate_Pro-34429-66863/Hey Pam, Louise gave a great answer. Just to build on what She already stated, here is a link to the FAQ's about the new $8,000 tax credit. Hope this helps. Please feel free to contact me with any more questions or concerns. http://www.realtor.org/wps/wcm/connect/599a64804d24c83d931ff726a9949436/government_affairs_homeb_tax_cred_qa.pdf?MOD=AJPERES&CACHEID=599a64804d24c83d931ff726a9949436Thu, 16 Apr 2009 06:18:03 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Lake_Mary_FL-257919/http://www.trulia.com/voices/profile/Real_Estate_Pro-Lake_Mary_FL-257919/Hi Pam -- You can go to http://www.federalhousingtaxcredit.com/ for the exact requirements of this tax credit. In general, if you earn less than $75,000 and haven't bought a home in the last three years, you are eligible for a rebate of 10% of the sales price up to $8,000. It's a great time to buy, so contact a Realtor and start searching! You can go to my website www.FloridaMoves.com/Louise.Warring and put in your city or zipcode and see everything that's listed. Happy House Hunting! Louise Warring Coldwell Banker Residential Real EstateThu, 16 Apr 2009 06:03:42 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Seattle_WA-635783/http://www.trulia.com/voices/profile/Real_Estate_Pro-Seattle_WA-635783/There is a federal government tax credit of $8000 if you're a first time home buyer (haven't owned in the last 3 years).Wed, 15 Apr 2009 21:40:03 -0700