$8,000 Tax Credit for Down Payment | Riverside Homes for Sale
June 3, 2009 No CommentsRiverside Homes for Sale
Riverside homebuyers can use their $8,000 tax credit towards closing costs and down payment!
HUD announced last Friday that first time homebuyers may use their $8,000 tax credit toward closing costs on their home purchase. This benefit applies to those first time home buyers in Riverside. The credit may also be used as additional down payment funds for those wishing to lower their loan amount. This is great news for Riverside’s first time buyers as it greatly reduces the cash out of pocket to purchase their first home. With signs of a market recovery of the horizon, the time to buy has never been better.
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