$8000 first time home buyer tax credit could be used for:
6 months of mortgage payments! Smooth sailing for 6 months!
16 months of association dues! That's a year and a half of no lawn mowing and laying by the pool!
22 months of your car payments! OR pay your car off totally!
80 months of your school loan! OR pay down that school loan so you can sleep like a baby at night!
64 months of cable and internet access to watch football both day and night! For the guys!
64 months of cable and internet access for the Style Network plus a yearly subscription to Style Magazine and the September Vogue Runway Fashion Issue! For all the chic ladies!
Illinois Home Start Program
I like the way you think! I have been preaching this same thing! People see $8,000. and start thinking "hit the mall!" I am a fan of having some in reserves for the future...not having a mortgage payment for a few months is a very nice thought!
I'm not sure that buyers see this as the great opportunity that it is. Thanks for stopping by.
Hey Lyn....great post! If more people thought of it in this manner, I bet they could think of other things that they could be using it for.
Hey Lyn, it could also be 16,000 senior coffee's at Mac and Don's
Bill: I thought coffee's were a buck at Micky D's?
Jan Marie: The 6-8 months of free mortgage payments doesn't seem to be thought threw as a bonus. Think of it, your first month usually has no payment, then 6 to 8 after that! It's great. I don't know why more people aren't jumping on the wagon.