Broker Cooperation Welcome. ©2010 KB Home (KBH). No purchase necessary. One free gift per household, while supplies last. To qualify for the federal tax credit, homebuyers must purchase their home before May 1, 2010, and close escrow before July 1, 2010. Up to $8,000 federal tax credit is for first-time homebuyers or anyone who has not owned a home in the last 3 years. To qualify for the tax credit, the purchase price must be less than $800,000. Federal tax credit applies over a one-year period against your tax obligation. Since individual tax and financial circumstances will vary, see your financial and tax advisors for details and information on the tax credit, and learn more at www.federalhousingtaxcredit.com. Broker Cooperation Welcome. Payment of Broker Co-op requires Broker to accompany and register buyer on first visit and comply with Broker Co-op Agreement. Not everyone will be qualified to purchase a home.