A tax break and a credit are two different things though.

I will have to pay it back, but interest free, over 15 years. But this is what I just found out.. which REALLY pisses me off:

"Enhancing the first-time home buyers’ credit, which was enacted last year. Under current law, the credit, which is capped at $7,500 and applies to purchases of primary homes after April 8, 2008, and before July 1, 2009, must be repaid over 15 years, starting two years after the credit is claimed. In the House and Senate proposals, folks who buy homes in 2009 don’t have to pay back the credit as long as they don’t sell the house within three years. "

WTF!!!!!!!!!!!!!!! I should have waited!