315,000 People Across the United States have done it - Have You?

As of the end of August, over 300,000 individuals have claimed their $8000 tax credit by purchasing a home and amending their 2008 tax returns according to CNN Money.  You can read the full article here.

In case you are not familiar with this or how you can qualify, Ive put together a brief report with all of the details on the $8000 First Time Home Buyer Tax Credit.  

According to a recent survey done by the National Association of Realtors, over one million buyers have qualified for the tax credit with that number expected to reach 1.8 million before the deadline of November 30th.  Buyers are not required to claim the credit on their 2008 tax return and many are waiting until they file next April. 

If you've been on the fence about whether or not to buy, now is your best chance to take advantage on this incentive.  To be safe, its recommended that you be "under contract" to close on your purchase no later than mid-October.