The National Association of Home Builders has created an outstanding Home Page that explains the $8,000 tax credit for the first time homebuyer.  On that site you will find explanations about how it works, frequently asked questions, the law’s other provisions and then some outstanding resources for the first time homebuyer.  The setup of this web-site is simple and extremely easy to navigate.  If you are a first time homebuyer, I recommend strongly that you look at this web-site.  Good work NAHB.  To link to this site just click HERE .