Looks like the bread crumbs on the path to home ownership for "First Time Buyers" just got eaten up by the big bad wolf. The Mortgagee Letter 2009-15 that was giving us all hope that FINALLY our government was "getting" that homeowners need to use that money for their downpayment was withdrawn.
As in GONE! As in Disappeared! As in, was it really ever there anyway? The thought that keeps running thru my mind is this: If the goverment is writing the guidelines for how the $8,000 tax credit can be used, why don't they read the guidelines of where FHA will allow "funds" to come from?
I slept soundly last night, just knowing that all was well in my REALTOR world. Only to be slapped down this morning....so I'm going fishing instead. In one of our Rim Lakes no less. Bass, rainbow trout, worms, bobbers, the sounds of wind blowing thru the ponderosa pines sounds good to me.
My mind is too confused to try to figure out all this $8,000 stuff. I need rest, seclusion, and a tug on my line. Anyone else up for the trip?
Comments(0)