I found this information on the $8000 Tax Credit
FHA is working on allowing lenders to permit lenders to allow homebuyers
to use this $8000 tax credit as a down payment
Shaun Donovan,secratary of the U.S.Department of Housing and Urban Development
said that important changes ,which the National Association of Realtors has been
calling for,will help consumers purchase a home
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Be careful about advising that the tax credit can be used as a down payment. HUD withdrew the mortgage letter that was the basis of the previous announcement.
Great concept but it is still in the idea stage.
Roy...That is what the video says ..it also says how it may work... and to go to the website..
You are sweet ..thank you for your concern...
HelpfulHannah your friend in Philadelphia
Hi Hannah
The $8,000.00 tax credit is help a large number of people to by real estate.
Good luck and success
Lou Ludwig
LOU..Lets hope it goes through ..but I am thinking positive..we need this boost! Thank you
HelpfulHannah your friend in Philadelphia
Hannah, go check out Sheldon's blog, his client already got the money and put it toward the purchase of her home!
Thank you, it is a good thing.
ANDREA...YOU ARE THE B
EST ..I WAS THINKING ABout you on my way back from the office..thank you
Your friend in Philadelphia
helpfulhannah
how awesome is this....finally a real way to help those buyers...
love it!
Sheila..it says it was pulled..they are working on it but they are afraid of fraud..it would be great if they can make it work..it woul
d be a realtor bailout....they gave and taken away..great to see you..thank you
HelpfulHannah your friend in Philadelphia