On Monday Ross and I figured out something that a lot of people already knew - that $8K first time homebuyer's stimulus is a CREDIT not a deduction.
By Tuesday night we decided we should buy a house. Now we are up to our ears in new lease terms, tax credits (woohoo!), savings plans, MCC, mortgage lenders and rush-wedding-planning. I won't bore you with the details, mostly because its already making my head spin, but I think with a little help of Pres. Obama and Uncle Sam, we can buy a house this year. So here's our new goal: homeownership November 2009.
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