$8K Homebuyer Tax Credit: the Final Version in the Stimulus Plan

As agreed upon by the House and the Senate:"FIRST-TIME HOME BUYER CREDIT First-time home buyers are eligible for a refundable tax credit equal to 10 percent of the purchase price of their home, up to $8,000, if they made the purchase after Jan. 1, 2009, but before Dec. 1, 2009.""[Y]ou don’t have to pay this one back over 15 years. The new credit, however, does phase out for individuals with