down payment: $8000 First-Time Homebuyer Tax Credit As a Down Payment
- 05/13/09 07:50 AM
Using the $8000 First-Time Homebuyer Tax Credit As a Down Payment Great news for first-time home buyers. This week, Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development stated that the Federal Housing Administration (FHA) is now going to permit it's lenders to allow home buyers to use the $8000 tax credit as a down payment. Previously, buyers had to wait to file their taxes to take advantage of the tax credit, which hindered some home buyers from buying. This new program will further stimulate the already improving real estate market, attracting even more first-time home buyers. There couldn't … (0 comments)
Using the $8000 First-Time Homebuyer Tax Credit As a Down Payment
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