Tulsa Area Real Estate Broker - 918-645-1470 » free money

$8,000 Tax Credit Can Be Used for Short Term Loan

Wayne — Fri, 26 Jun 2009 04:07:35 +0000

Lenders can now provide short-term loans to first-time borrowers eligible for the $8,000 home buyer tax credit. HUD did not estimate how many FHA buyers would benefit from tax-credit advances. FHA borrowers relying on the lender to finance the tax credit will have to come up with their own money for the 3.5% down payment. But after that, they can use the proceeds from the short-term loans to increase their down payments, cover their closing costs or buy-down their mortgage rate. [...]

Stop Paying Rent and Get $8000 Cash!!!

Wayne — Wed, 29 Apr 2009 12:09:17 +0000

This money will only be available to those who buy a house between January 1, 2009 and December 1, 2009. Don't wait. [...]

First Time Home Buyers – An $8,000 Tax Credit

Wayne — Sun, 01 Mar 2009 04:48:07 +0000

In 2008, Congress enacted a $7500 tax credit designed to be an incentive for first-time homebuyers to purchase a home. The credit was designed as a mechanism to decrease the over-supply of homes for sale. For 2009, Congress has increased the credit to $8000 and made several additional improvements. This revised $8000 tax credit applies [...]