This tax break is for first-timers who buy their home in 2009. If you have money for the down payment, intend to stay in the home for at least five to seven years and your credit score will qualify you for a great fixed-rate loan, then this is a good time to think about purchasing a home. But take your time and buy only if you truly expect to stick around for a while; as I explained in the Action Plan book it is unlikely we will see any big rebound in real estate for a while. So buy with a long-term perspective. This nice first-timer tax credit should just be the icing on the cake, not a reason in itself to buy.

More recession rescue advice from Suze Orman