by Sherri
1. June 2009 13:45
The rules have now been changed for the 1st time homebuyer gift from the goverment. They will now allow FHA loans to accept it as a down payment or if the buyer would rather they can just get their $8,000 when filing their taxes or amend their tax return from last year and get a check for their credit now. It is certainly a great time to buy. Interest rates are low, tax credit available and prices are lower than they have been for awhile.