$8000 Tax Credit can be used as Down Payment.
June 1, 2009
Author: System Automation
From our Hernando County Association of Realtors in Brooksville Florida: Friday, HUD announced that first time home buyers can now use the $8,000 tax credit as a bridge loan at closing toward their closing costs or to add to their down payment.
This has been a huge push by the National Association REALTORS® and we have succeeded! Now we need to get this credit extended so it does not expire on December 1, 2009.
This is just one of the many ways REALTORS® help homeowners behind the scenes to make home ownership possible during trying times.
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