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A buyer must make less than $75K per year (double that for those filing jointly) in order to be eligible for the credit. Reducing the amount of home mortgage foreclosures is another topic being addressed. Many banks have voluntarily postponed any home mortgage foreclosures until after the details of any stimulus plan to help the real estate sector are announced. Consumers, banks and investors are anxiously awaiting the specifics of the stimulus plan. It is unclear how many details currently being discussed by lawmakers will be included in the plan, but President Obama has made it clear that he would like to prevent more foreclosures and reduce home mortgage costs for consumers.