To: Lorianne
use the Housing Rescue Plan HR3221 bill to buy a new home with no money down and still get up to $7500 of tax rebates. This tax credit must be paid back over a 15yr period at $500 a month interest free starting the following year."If you pay $500/mo for 15 yrs that's $90,000. Am I reading this wrong or do they give you 15 yrs to pay it back, making payments not EVERY month but whenever you can?
19 posted on
07/22/2010 12:46:58 PM PDT by
abigailsmybaby
( I'm not going to buy my kids an encyclopedia. Let them walk to school like I did. Yogi Berra)
To: abigailsmybaby
Nope, you read it correctly.
20 posted on
07/22/2010 12:53:53 PM PDT by
Lorianne
(During times of universal deceit, telling the truth becomes a revolutionary act. ___ George Orwell)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson