BREAKING NEWS!  You can NO LONGER use your $8000 tax credit as part of your down payment! They just can not seem to get it right!  As Modified in the American Recovery and Reinvestment Act of 2009 Major Benefits of First Time Home Buyer Tax Credit for Brevard County Real Estate Home Buyers. Effective for homes purchased January 1, through December 1, 2009. Maximum credit amount is 10% of the purchase price of the home up to $8,000. All principal residences including single family, town homes, condos and co-ops. If the price of the home you buy is $80,000 or more, you will receive the full $8,000 Tax Credit to offset your income tax liability OR receive a REFUND for any amount up to $8,000 if your actual tax liability is less. If below $80,000 your credit will be based on 10% of the purchase price.  Income limit cap to qualify for the tax credit and or Tax REFUND is $75,000 for single filers and $150,000 for married filers. Married filers filing separately can receive a tax credit of $4,000 each. First Time Home Buyer means a person who has not owned a principal resident for the past 3 years. Eligible for home buyers using revenue bond programs for down payment or closing cost assistance. No repayment required unless the home is sold in the first 3 years. Click Here now to find your perfect home, at a great price and get your $8000 tax credit before time runs out!  Or give us a call at 321-693-4322 and we will personally set up a customized home search of all the homes that meet your home buying criteria.