Tommy J. Underwood
Harpers Ferry,
WV
More about me…
REMAX 1st Realty
Address: 219 W. Washington Street, Charles Town, WV, 25425
Office: (304) 725-1001
Mobile: (304) 279-1046
Tommy blogs about West Virginia real estate as well as market trends, buying and selling real estate and local happenings in Jefferson County, Berkeley County, Morgan County, Hampshire County, Harpers Ferry, Charles Town, Ranson, Martinsburg, Shepardstown, Hedgesville, Berkeley Springs and Inwood.
Last week, the FHA (Federal Housing Authority) announced that the First-Time Buyers Tax Credit can now be used for a down payment on an FHA loan. This is really great news for first-time buyers! First-time home buyers can now add the $8,000 (max) tax credit to their down payment and/or their closing costs. FHA mortgage loans require a 3.5% - 5% down payment. The tax credit may not be used in place of the required down payment for your FHA loan but it can supplement it, which may result in a slightly lower mortgage payment. All mortgage loans have closing costs. The closing costs for an … (0 comments)
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