
FHA will now allow you to use the 8000 tax credit for closing costs and has issued an official mortgagee letter outlining the rules to do so.
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FHA will now allow you to use the 8000 tax credit for closing costs and has issued an official mortgagee letter outlining the rules to do so.

Are you interested in buying a new home this year and have questions about the $8000 tax credit? You are not alone. Many people who are interested in buying a home this year are asking questions about the $8000 tax credit. Here are five of the most common questions we have received about the tax [...]

Earlier today, President Obama signed into law the American Recovery and Reinvestment Act of 2009 and one of the items in the stimulus package was an $8,000 tax credit for first time home buyers. $8000 tax credit highlights include: It is available only to first-time home buyers The tax credit is available only when the [...]


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Many people are now aware that there is an 8000 tax credit available from the US government for first time home buyers. There … [Read More...]
Friday it was announced that HUD will now allow people to "monetize" their $8000 tax credit rather than have to wait to get … [Read More...]
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