tax credit: HUD SAYS $8,000 CAN BE USED AS DOWN PAYMENT! - 05/14/09 08:13 AM
HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit WASHINGTON (May 12, 2009) - Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpaypment. Donovan's remarks came in an address to several thousand Realtors® gathered this morning at The Real Estate Summit: Advancing the U.S. Economy, a special daylong session at the Realtors® Midyear Legislative Meetings & Trade Expo <http://www.realtor.org/meetings_and_expo/2009_midyear_live> here. Secretary Donovan said that important changes, which the National Association of … (6 comments)
I’m proud to have represented the buyer on this home in the Woodwinds subdivision of Columbia, SC. My client did his homework on the property, made an offer and purchased the home in a great area and desirable school district. There are deals out there in Columbia, as this one proves! The buyer got an excellent price and terms on this 3bedroom/2bath all brick home with many upgrades and huge back yard! Plus, as a first time home-buyer he will reap the benefits of the new tax credit!
Give me a call if I can help you find … (6 comments)
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HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit
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