HUD

MORE GOOD NEWS FOR FIRST TIME HOME BUYERS, USE TAX CREDIT AS DOWNPAYMENT

by admin May 18, 2009 Real Estate Market Update

Yes, that is NAR working to find answers to the mortgage meltdown. HUD is working on a program with preferred lenders to use the First Time Home Buyer Tax Credit of $8,000 as a down payment.This would add to demand. This whole issue right now is about supply and demand. Oh and don’t listen to …

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