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Returning Member
posted Dec 9, 2020 12:15:03 PM

Hello, We got the 1st time buyer prog. from VHDA And we are thinking of selling our house, are we going to pay a penalty based on the capture tax formula. Please advise,

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1 Best answer
Level 15
Dec 9, 2020 12:40:33 PM

Go to this website for information on selling your home and you have a VHDA Mortgage Credit Certificate (or MCC) - https://www.vhda.com/Homebuyers/VHDAHomeLoans/Pages/RecaptureTax.aspx

1 Replies
Level 15
Dec 9, 2020 12:40:33 PM

Go to this website for information on selling your home and you have a VHDA Mortgage Credit Certificate (or MCC) - https://www.vhda.com/Homebuyers/VHDAHomeLoans/Pages/RecaptureTax.aspx