Don't miss out on your chance to get your hands on $8,000 worth of government money.

In an interview with Ronald Phipps from the National Association of Realtors, the Wall Street Journal reminds us that the opportunity to earn $8,000 in tax credits is almost over!

The credit can be taken on a foreclosure purchase, making the time to buy a home a cheaper and more profitable venture than ever before.

Right now, you can save up to 60% off the market value of a home simply by purchasing one in foreclosure.

Right now, interest rates are low, the costs associated with homeownership are low, property taxes are less expensive than we've seen in nearly a decade, and "the average American homeowner is THREE TIMES MORE WEALTHY than the average American renter" simply because they are homeowners.

Right now, you can tack on an $8k bonus from the U.S. Government Stimulus incentive to get Americans buying homes. We're talking about serious financial benefits to buying real estate in a recession --but it won't last!

When the recession is over, real estate is likely to experience a boom. Worst of all, you might have to wait another ten years before you'll see real estate deals this good again. There are so many good reasons to buy property right now and so few reasons not to.

How long do you have left to take advantage of the nearly $10k reward for purchasing a home? According Mr. Phipps, Americans must purchase a piece of real estate by November 30, 2009 to qualify.

Video Src: Clock Is Ticking For First-Time Home Buyers. WSJ