Big News On The $8,000 Tax Credit

This could be huge for the housing market. “Now the U.S. Department of Housing and Urban Development is planning to change that. The agency is working on a plan that will allow Federal Housing Authority-approved lenders to provide buyers with the tax credit cash up front.”

http://money.cnn.com/2009/05/18/real_estate/tax_credit_as_downpayment/index.htm?section=money_realestate