You are eligible for this potential tax credit if it passes through the house and also the Senate for approval. The president already said he would sign in if it passes. Also, you qualify if you are a first-time buyer. A first-time buyer is someone that has not owned a home in the last 3 years. The borrower needs to have an income that is < 160% of the area's median income. The area medium income for Shasta County according to FNME income limits is $69,500 https://ami-lookup-tool.fanniemae.com/amilookuptool/. Also, the home should be at or below 110% of the area median purchase price. The area medium purchase price for Shasta County is $292,295.