Many people try to repair their credit in an attempt to qualify for a new home. Right now is a great time to buy a new home if you qualify for the homebuyer credit as you will be able to qualify for up to $8000 back on the purchase of your home provided you sign the contract before April 30, 2010 and close before June 30, 2010.
Here is a great article that answers many of the questions about the homebuyer tax credit. Many of the questions pertain to issues such as divorce and home ownership and who can qualify.
Check out Turbo Tax Answers Your Homebuyer Credit Questions.
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