Blog
Tax Credit Update: $8000 tax credit can be used towards Down Payment at Closing.
May 14, 2009 by admin · Leave a Comment
KingKwong.com, an Orlando real estate blog, has just heard some great news from Rick Cason an affiliate from Integrity mortgage:
The FHA is going to permit it’s lenders to allow homeowners to use the $8000 First Time Home Buyers credit as a downpayment at closing.
This is very big news. This is something we are hoping will turn the housing market around and act as a catalyst in turning the economic woes we are in around.
For more information please follow this link to the Realtor.com link to the breaking news.
http://www.realtor.org/press_room/news_releases/2009/05/re_summit?lid=ronav0019
Kingkwong.com is happy to ukeep you current with all things real estate in orlando.
To see if you qualify for the Tax Credit please see my previous post here.
I was born in New York. My family moved to Florida when I was 4 years old, and I have been a Florida native for over 25 years. I love Orlando and everything it stands for, and that is partially the reason
