linfield: 1st Time Homebuyers, Now What?
- 03/03/09 07:47 AM
By now everyone has heard of, whether you agree with it or not, the stimulus package signed into law by our new President. Included is the $8000 tax credit for first time homebuyer's that NO longer needs to be repaid as long as it is your principal residence for at least 3 years. I want to get more into what the steps first time homebuyers will go thru, but before doing so, here are the basic terms of the tax credit at a glance: -Tax credit is for 1st time buyers only-Credit does not have to be repaid as long as (0 comments)