Comments on: Did the final version of Foreclosure Act include the $7000 credit for the purchase of a foreclosed home? http://www.fn-live.com/did-the-final-version-of-foreclosure-act-include-the-7000-credit-for-the-purchase-of-a-foreclosed-home.html Loan and Financial Info Mon, 01 Feb 2010 15:06:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Olivia S http://www.fn-live.com/did-the-final-version-of-foreclosure-act-include-the-7000-credit-for-the-purchase-of-a-foreclosed-home.html/comment-page-1#comment-196 Olivia S Mon, 10 Nov 2008 09:05:33 +0000 http://www.fn-live.com/did-the-final-version-of-foreclosure-act-include-the-7000-credit-for-the-purchase-of-a-foreclosed-home.html#comment-196 I had the same question as I also bought a foreclosure this year. I think this morphed into the $7500 credit for all first time home buyers (not a homeowner within 3 years). However, it has to be paid back to the gov't with 15 yrs, ie, $500/yr. This is the forum where I got the info. I had the same question as I also bought a foreclosure this year. I think this morphed into the $7500 credit for all first time home buyers (not a homeowner within 3 years). However, it has to be paid back to the gov’t with 15 yrs, ie, $500/yr.

This is the forum where I got the info.

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