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HELP! $8000 TAX CREDIT for FHA Buyers


please add your insight, tips or links regarding the FHA tax credit to first time homebuyers ro thoses who haven't owned in the last 3 years.

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HELP! $8000 Tax Credit for FHA BUYERS

Jun. 16, 2009

i have been researching and researching on this subject. I am still confused.... if you are an FHA buyer... you can use the $8000 tax credit towards your closing cost. I think this is a great opportunity for those to use it!

 But my question is... where does the money come from? Will the bank send the money to the buyer or escrow? Who does it actually go to?

Has anyone done a transaction in this instance...where you can shed some light?

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