With the tax season looming over us all, those who took advantage of the first-time home buyer tax credit may be in for a rude awakening. Many buyers didn’t realize that the credit they received in 2008, must be paid off over 15 years. Those who cashed in on the 2009 and 2010 credit were luckier in that they don’t have to repay it, however, if they sell within 3 years of their purchase, they have to pay the credit back IN FULL. Also, if the home is foreclosed on, the owner must pay back what credit is owed. Kelsey Scram with NBC 33 interviewed Janet on consumer’s reaction to having to pay back their tax credit. Click the link below for the video and article.