Tax Credits for buying a home

As most of you are pobably aware, Wahington has extended the first time home buying tax break to April 30, 2010. This will also include tax credits for home buyers moving up. The credit for them will be up to $6500.

There are some limitations such as it has to be your primary residence and the home must be less than $800,000 with income of $125,00 for individuals and $225,000 for people filing joint tax returns.