12-7-2009 If you’ve owned a home for five of the eight past years and you’re in the market for a new home, you are entitled to a credit of up to $6500.00. Dec 7, 2009 / By: Cheryl K. David, Estate Planning Attorney Category: Tax Credit for Home Purchase Congress recently extended the tax credit it was offering to first-time home buyers to existing home buyers. First time buyers may receive a credit up to $8000 while existing home buyers may receive up to... Read more »