U.S. Housing and Urban Development announced in lat May that first-time homebuyers can now obtain short term loans that will allow them to tap into the $8,000 tax credit before closing. Under this new initiative, buyers can apply their anticipated credit to thier downpayment or toward closing costs.
Under the original stimulus plan signed into law in mid-February, buyers had to wait until after tax season NEXT year to get their hands on the cash.
Take a tour of our popular West Village – Town Park II community – with new construction specials at $299,000! Use the $8,000 tax credit to help with closing costs! Visit www.mhhomes.com/wv
For more details on the new plan, here are 5 things you need to know.