Do you know about the terms of the recent First Time Homebuyer's Tax Credit?
(1) YOU MUST SETTLE BY NOVEMBER 30th of 2009.
(2) YOU will receive a TAX FREE CHECK FOR $8,000!
(3) There is NO REPAYMENT for purchases made after January 1, 2009.
(4) FULL amount of credit for single buyers not making over $75,000 and $150,000 on a joint return.
(5) You only have to stay in the residence for 3 years to owe NO REPAY!
(6) You must have been MORTGAGE FREE for 3 years.
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