My daughter Greta bought her first home, a 2 bedroom, 1 bath condominium on Pine Island Island, thanks in part to the new first time home buyer tax credit. This is a federal tax credit, up to 10% of the purchase price of a first home (up to $8,000), that eligible home buyers may qualify for. The property must be closed on by November 30, 2009. Also, Greta was able to take advantage of a home buyer down payment assistance program administered by the Florida Housing Finance Agency. For information on both programs, go to http://www.federalhousingtaxcredit.org/ and http://www.floridahousing.org/. I am a licensed real estate broker and accredited buyer's representative. If you are interested in buying a home on Pine Island, contact me at erikafoye@embarqmail.com.