Home Buyers Credit AMMENDED - First Time Buyers must act before April 30, 2010 to take advantage of the $8,000 tax credit of the American Recovery and Reinvestment Act.
(see video above)
Now includes repeat home buyers: There is now a new tax credit of up to $6,500 for qualified repeat home buyers purchasing a principal residence before April 30, 2010.
This new credit does not have to be repaid and can be used to cover closing costs, buy down interest rates, or add to minimum down-payment. Details here.