Old 7500 home credit?

Profile picture for projectmatt
Must the old loan stil be paid back? It sates the new law sun sets old law. I bought in 2008. I'm sure I ll have to repay.
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February 05 2009 - Fort Wayne
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Answers (2)

Profile picture for MikeEmery
The 8000 buyers credit is not a new piece of legislation, rather it  amends portions of the previous 7500 legislation. To my knowledge there's no amendment that makes the 8000 buyers credit retroactive. 
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February 25 2009
Profile picture for SeattleHome.com
Yes, you'll have to repay.  Only 2009 purchases don't have to repay.
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February 25 2009
 

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