If you are a first time home buyer and you have a eligiable credit score, you are a perfect candidate for the $8000 tax credit.  This is an outstanding oppotunity for you to take part of the American Dream.

If you are able to take advantage if this opportutnity, one of the stipulations is that you must close on your new home before December 1, 2009.

The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase.