Back in 2008, when the housing market was in even deeper trouble than it is in now, Congress passed the Housing and Economic Recovery Act to help move a glut of homes off the market. One of the key provisions was a tax credit for first-time homebuyers. That provision would be extended (twice) - and getting in early would have been a mistake.
Read more: Do You Have to Repay Your Homebuyer Credit? - Personal Finance - Taxes - SmartMoney.com http://www.smartmoney.com/personal-finance/taxes/do-you-have-to-repay-your-homebuyer-credit/#ixzz1DmPhwiez
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