Some great information slipped during an announcement that seemed premature regarding the $8,000 tax credit for first time home buyers! Apparently the housing administration said that they plan on coming up with a way to allow first time buyers to use the $8,000 tax credit up front as a down payment and not wait for it to come back to them the following year as a return from their taxes.
This would be terrific! Keep your ears open for any update from the administration as to the logistics on how they would make this work. It's good to be hopeful! I'll post back when I find out more. Till then happy house hunting!
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