Wednesday, February 25, 2009

Yes, you are right

No, it is not too good to be true. It is $8000. You do qualify if you have not owned a primary residence ever OR IN THE LAST THREE YEARS. You qualify if you make less than 75k a year and less than 150k if you are a couple filing jointly. You do not have to repay it unless you sell the home within 3 years of purchasing. However, if you do you just pay back the 8000 from your selling proceeds.

Call me at 910-352-1043 or email me at with all your questions and comments.

Click here for more information on real estate and luxury real estate in the Wilmington, NC area!

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