Washington State Turns Tax Credit into a down payment for first time home buyers!

By
Managing Real Estate Broker with John L. Scott, WDV

First time home buyers don't miss out on your tax credit up to $8,000.00

The Washington State legislature has passed a "Tax Credit Advance Loan Program".  This program which is intended to help first time home buyers in the State of Washington will be the first of its kind in the nation!  The program will give short term loans up to $8,000.00 for first-time home buyers that qualify.  The money can then be used to fund first-time home buyers at the close of a home sale for a down payment or closing costs.

These down payment loans would help open the door to home ownership for many hardworking families that want to own their own home.  With historically low interest rates and the lower home prices now available, families in Washington that have found it difficult afford a home may now be qualified! 

Buyers will pay back their loan when they receive their federal income tax refund. The Tax Credit Advance Loan Program will help up to 9000 first-time homebuyers. The availability of the short term loans will expire at the same time as the federal tax credit, on November 30, 2009.

Don't miss out on the $8,000 first time home buyer tax credit the opportunity will only be available for a limited time.  

Call (425) 210-6513 for more information and how to qualify!

Susan Waiste    Associate Broker, EcoBroker & REALTOR

John L. Scott, Mon

susanwa@johnlscott.com

 

www.homesitetours.com/1st-time-home-buyer-down-payment-help.html

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