Tax credit

Could someone explain this opportunity regarding the 8,000 tax credit available to first time home buyers. I would also appreciate any information far as using the tax credit towards a down payment or closing etc.

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Permalink Reply by Susan Oslin on July 15, 2009 at 4:35pm: http://www.federalhousingtaxcredit.com/2009/index.html

There is a lot of information about the tax credit. There are certain qualifications like being a first time home buyer, being in a certain income bracket, cap of cost of home, etc.

There is also a new government assistance program for the purchase of foreclosures. http://www.arizonamortgageteam.com/1-down-payment-fha-loan-%E2%80%9...

Enjoy!

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