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Posts Tagged ‘$8000 tax credit’

$8,000 First Time Home Buyer Tax Credit Bridge Loan?- Hold on There a Minute!

Posted in Finance, General Real Estate Market, Real Estate, tagged , , on May 19, 2009 | 2 Comments »

Got this from the North Carolina Association of Realtors Government Update from last Friday (5/15/09): “HUD Reconsidering Tax Credit Use for Down Payment HUD is apparently delaying its determination that the $8,000 first time homebuyer tax credit can be used for down payments.  This Tuesday, Shaun Donovan, secretary of the U.S. Department of Housing and [...]

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Using the $8,000 First Time Home Buyer Tax Credit for Down Payment

Posted in Finance, General Real Estate Market, Real Estate, tagged , , , on May 13, 2009 | 2 Comments »

We’ve been talking to people recently about how great it is for first time home buyers to get a tax credit of up to $8,000 after closing on a home purchase.  For many people, that works just fine- they close the deal and a few weeks later they get an $8,000 check from the feds.  [...]

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