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$8000 First time homebuyer's credit can now be used as downpayment!!

Hi everyone! I bring GOOD NEWS! Ok, its not "the" good news, but it's pretty great!

The HUD Secretary today annouced that the $8000.00 first time homebuyers tax credit will now be "monetized" which means that the credit is now available for FTHBs to use as a DOWNPAYMENT! Isn't that wonderful?

Here is the link to the full story: http://www.realtor.org/press_room/news_releases/2009/05/re_summit

There really is NO BETTER TIME to be a First-time Homebuyer!

Cathy B, Realtor

Posted by Cathy Baumbusch on 05/12/2009 11:59 PM

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Tax Credit for 1st Time Homebuyers in the ActiveRain Channel

firsttime homebuyers, homebuyer tax credit, hud, downpayment assistance

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