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As expected, the popular home buyers tax credit has been extended. In fact, it is even more attractive.OK, let's first look at the extension of the current program, which includes a maximum $8,000 credit for first-time home buyers (which is someone who hasn't owned a home in the past three years). The home must be a principal residence and the value may not exceed $800,000 (the credit is either 10% of the value of a home or $8,000, whichever is less). The credit is also refundable, which means that you can still get money even if you do not owe taxes.
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