Can The $8000 Tax Credit Be Used For A Down Payment?

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Have you been waiting for the right time to buy a house?  Does an $8000 tax credit sound like a good incentive to buy now?  Many factors in the real estate market are convincing people to get into a new home this year.

Homer Buyer was convinced that the record low interest rates combined with the $8000 tax credit make it a great time to buy.

Homer wanted to buy, but coming up with a large enough down payment was his biggest challenge.  When he learned about the tax credit being offered to first time home buyers he thought it might be of some help.  Can the $8000 help you buy a home? 

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Comments (8) May 14 2009

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