Want an "interest-free loan?" Who doesn't? Every little bit helps, just plan ahead and budget your re-payment yearly...

If you bought your first home after April 8th, 2008 or plan to before July 1st, 2009, you may qualify for First-Time Buyer tax credit, 10% of purchase price...up to $7500, to be paid back over the next 15 years (1/15 of the loan comes due upon filing 2010 tax return)

Click on the link above to find out all the ins and outs of qualifying and repayment of tax credit "loan", including:

You won't qualify if your income in $170,000 and up for married filing jointly and $95,000 for single...(but good for you to have that kind of income anyway;)
You must not have owned a home in the 3 years prior to purchasing this one...
You must keep this one as your main home, else repayment of balance comes due in full that tax year you made the change...

Call me if you're ready to make that move! 720-933-1379 Kim

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