1.  How does the new Federal Tax Credit work? 

       Click here for all of the details.

2.  Can a buyer use the Federal Tas Credit as a downpayment? 

          HUD has announced that it will allow FHA-approved lenders to issue short-term loans to advance the credit amount for use in purchasing the home. Read NAHB’s press release on the announcement. Additional information will be posted when it becomes available.
     
3.  When does the tax credit opportunity expire?
      December 1, 2009

4.  Is there also a tax credit allowed by the State of Georgia?
 
      Yes. Go to the link above for details.