The extension on the Tax Credit for home buyers has been approved! The credit was extended to cover all  buyers. The credit now covers current home owners who are looking to buy as long as they have occupied their house for 5 consecutive years out of the last 8. It still applies to first time home buyers for an $8,000 tax credit.  A website has been set up to explain the tax credit and hopefully it can answer any questions you have. Please click here to visit the website. The extension is only for 7 months so if you looking to buy, now is the time! The credit is only valid through April 30,2010 so act now!