Fed: $8,000 Tax Credit Can Now Be Used As Downpayment on Home-BostonResidentialHomes.com
PRLog (Press Release) –
Jul 21, 2009 – Boston Massachusetts, Real Estate: www.BostonResidentialHomes.com
Governor Deval Patrick and MassHousing announced that buyers are now able to monetize the First-Time Homebuyer Tax Credit! Masshousing’s new loan program allows first-time home buyers to “monetize” the $8,000 Federal homebuyer tax credit for downpayments and closing costs.
Massachusetts now joins a small number of states that have developed a unique way to allow buyers to access the credit at a time when it can be most helpful in the home buying process. A study released by the National Association of REALTORS® found that 82% of would-be home buyers believe that saving enough for a downpayment is still their biggest obstacle to home ownership.
Visit: BostonResidentialHomes.com for more information
Buying ot Selling? Contact our featured agents: Spiro C. Vrouhas, Premier Homes Sales
www.BostonResidentialHomes.com
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