Details, Details...the Homebuyer Tax Credit has been extended and expanded to include more buyers.  If you have thought you  might want to buy a home soon, whether you are a first time buyer or a current seller who wants to move up, you may want to accelerate your timetable.

This CHART answers lots of questions at a glance:

How long do you have to live in your home to sell and buy another one?

Who qualifies as a "first time buyer?"

What would be the amount of my tax credit?

Are there deadline dates?

Can I qualify when buying a vacation home?  Rental property?

What kind of income limits are in place for the credit?

Are there any partial income categories?

What is the maximum price you can pay?

Will you have to repay the tax credit when you resell?

All of these are answered on this chart, but check with your accountant for any questions about your IRS liabilities.  They can help you determine if this is the right time to move forward by analyzing your financial picture. 

Check out this video as a recap.