So the gov't is offering a refundable credit for first time home buyers.
If you closed in 2008 you get $7500, which is paid back over 15 years interest free.
As of February 25th 2009, you get an $8000 refundable credit, with no payback terms. Free money to try and boost the housing market(collapse).
Go buy your house.
You have till December to close.
If you closed in 2008 you get $7500, which is paid back over 15 years interest free.
As of February 25th 2009, you get an $8000 refundable credit, with no payback terms. Free money to try and boost the housing market(collapse).
Go buy your house.
You have till December to close.