Real Estate Related Information Related To The Greater Lehigh Valley Area PA
Today is Saturday, July 31st, 2010
WASHINGTON) – HUD has announced that consumers may now use the $8,000 first-time home buyer tax credit to help cover their downpayment and closing costs on FHA-insured mortgages.
The move will allow FHA-approved lenders; federal, state and local government agencies; and FHA-approved non-profit organizations to supply home buyers short-term or “bridge loans” up to the amount [...]
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UPDATE:
YES, you can use Part of the $8,000 Tax Credit to buy your new home. Very few banks are doing ... Lehigh Valley home prices continued to tumble downward in August and the number of homes sold sunk compared to the ... President Bush on Wednesday signed into law a sweeping housing bill that aims to boost the struggling housing market and ... The mortgage bailout decoded
Ok, so what does all this really mean? When most people hear about a government bailout they ...