Jo Soss 
MORE TO COME – AS OF TODAY HUD HAS PULLED BACK. I DO THINK THERE WILL BE A SOLUTION. I DO BELIEVE THAT WASHINGTON STATE BUYERS WILL BE ABLE TO USE THE CREDIT FOR A DOWN PAYMENT BECAUSE OF THE ITEM PASSED IN THE STATE’S BUDGET. WILL REPORT WHEN ALL OF THIS SETTLES OUT.
press release
May 12, 2009, 1:10 p.m. EST
HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit
WASHINGTON, DC, May 12, 2009 (MARKETWIRE via COMTEX) — Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment.
CLICK HERE FOR THE FULL STORY…….MARKETWIRE
Tags: First Time Home Buyer, Tax Credit —
