It just gets better and better

Just when you thought the incentives to buy a home couldn’t get any better, the Federal Housing Administration, on May 29th, 2009, just sweetened the pot.  The FHA announced on May 29th that they are now allowing the $8000 tax credit available to first-time homebuyers to be used for closing costs.  There is no doubt that the Federal Government is making every effort to make this time of crisis also a time of absolute opportunity for first-time homebuyers.  Remember that for the purposes of this tax credit, a first-time homebuyer is defined as anyone who has not owned a home in the past three years.  Don’t miss this!

 

For more information, check out this link:    

 

www.mercurynews.com/realestatenews/ci_12480568?nclick_check=1



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