Feds Reverse Decision on $8000 Credit
Posted On: May 19th, 2009 by James Posted In: Government Actions
The underwriter at Mortgage Trust just posted this link on our company’s Intranet- Its an article from the Arizona Republic detailing how this new idea about making the Obama $8000 tax credit immediately available for down payments should NOT, and likely will not happen. I’m inclined to agree with this assessment. This credit should indeed be money in the bank, and not a new debt for first time homebuyers.
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