Beth Tyler

How about the folks who bought in '08 under the first $7500 tax credit and still must pay back all @ $500 a year unless they sell the house in less than 15 years; then pay the entire balance. Why can't they be grandfathered in to the '09 and pending '10 tax credit rules? I have a client who bought Dec 17th '08 to get the only known tax credit, but could have easily delayed settlement date until early Jan '09. She is stuck paying it back. Beth Tyler Long & Foster Real Estate, Inc. 102 Old Solomons Island Rd Annapolis, Maryland 21401 Office (410) 266-5505 ext# 1043 Toll-Free (800) 345-6787 ext# 1043