ANSWERS: 1
  • first of all, it's a max of $7500: 10% of the purchase price to the max. seems to me that it is a win-win situation. you get the $7500 'loan', pay back from what would be your refund $500/yr for 15 years, unless you sell before then, then the remaining balance is due and payable. why wouldn't you want to take advantage of interest free money?

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