The Real Estate Opportunity we are speaking about is the 2009 First Time Home Buyer Tax Credit which provides an $8000 tax credit for first time home buyers purchasing a principal residence from Jan 1, 2009 thru Dec 1, 2009. This tax credit is potentially a great invitation to buy a home, and with about six months left it is generating activity in home buying across the country according to Realtor.org
There is some flexibility in this plan and some are taking the credit up front to use for larger down payments, lower mortgaged amounts, etc. It is certainly worth talking to your financial advisors to see if you qualify and be sure to check out the knowledgeable people at the Jason White Team for a wide range of possibilities that could fit the tax credit or could fill your other real estate needs.