South Jersey Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
$7500 New Home Buyer Tax Credit
Have we discussed this topic yet?
We settled on our house in Nov. '08 and at first didn't think we would take advantage of the $7500 tax credit. However, after realizing that it would help do some major things in our house (replacing cabinets, replacing windows), and gaining that money back when we're ready to sell, we've decided to go for the tax credit. Has anyone else???
I just wish I bought in '09 and could get the $8000 credit, not repayable!
Re: $7500 New Home Buyer Tax Credit
We bought in 2007, but I probably would have done it if we bought in 2008.
That $8k credit is awesome!
Me too.
I have been telling everyone to take it. Even if you don't need it, put in a long term cd, bond or the highest interest bearing instrument you have access to. You'll pay it back at $500 a year interest free but you'll make money off it. By the time it's paid off, you could potentially double or even triple it with the right investments. If you buy in 09, congrats, free money!
we bought in 06, so nothing for us.
but we are hoping to buy again this year... the 09 credit is only for first time buyers though right?
Yes, pretty sure it's for first-time home buyers only...