Reply #20: That makes sense.

[tjwash]

You can write off the 8000 dollar tax credit AND a years worth of interest on the mortgage, on next years taxes if you wait until now to purchase. If you purchased in December, you only get to write off the tax credit on this years taxes. It's akin to losing quite a few thousand dollars in deductions, if you split it up between 2009 and 2010.

I sure as hell would wait until now to purchase, if I had that option.