Thursday, October 9, 2008

Closer?

You know how I'm impatient to get into a house? Well, we both are really. I've been looking into the "first time homebuyer" tax credit. It's actually something that might be very helpful to us. What it really is, is a zero-interest loan from the government. You can claim as a tax credit of up to $7500, but you have to pay it back over 15 years at $500/year, with no interest. There a few catches: income limitations and closing dates. If you didn't know about this, check it out here.

Maybe we are closer to that goal than we thought?!

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