We were talking to our wedding photographer yesterday, who also dose some real estate, and he mentioned a government program for first time home buyers where the pay up to %20 on the down payment. Has anyone ever heard of this, is it worth it in the long run?

Hello t:

They're probably talking about the first time buyer tax credit. If you put about $20,000 down, you'll get a tax credit for about $5,000. A tax credit is a dollar for dollar award.

So, in general, what they told you was true.

excon