$8000 FTHB Tax Credit Cannot be used For Downpayment As of Today The SECRETARY of HUD made an announcement Monday and a HUD/FHA letter was published on the website Monday night stating the the $8000 … [Read more...]
$8,000 Tax Credit Towards FHA Downpayment
HUD Secretary Donovan appeared at a NAR yesterday, and this is an exact excerpt of his remarks: "We all want to enable FHA consumers to access the tax credit funds when they close on their home loans … [Read more...]
First Time Home Buyer Tax Credit
The First Time Home Buyer Tax Credit Basics This is a dollar for dollar credit you get on your taxes at the end of the tax season the year you buy your first home. Dollar for dollar means, there is … [Read more...]