Comments on: Update5 The Latest On ‘$8,000 Tax Credit As Downpayment’ http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/ Things you should know about consumer news and finance. Thu, 09 Feb 2012 13:21:21 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: First Time Home Buyer Tax Credit As A Down Payment? | San Antonio Real Estate | RErockstar.com http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-179001 First Time Home Buyer Tax Credit As A Down Payment? | San Antonio Real Estate | RErockstar.com Thu, 15 Jul 2010 20:57:26 +0000 http://blog.hsh.com/?p=4005#comment-179001 [...] $8K Tax Credit CAN Be Used As FHA Downpayment (hsh.com) [...] [...] $8K Tax Credit CAN Be Used As FHA Downpayment (hsh.com) [...]

]]> By: Tim Manni http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-11505 Tim Manni Thu, 11 Jun 2009 16:48:59 +0000 http://blog.hsh.com/?p=4005#comment-11505 Hey Ethan, At first I couldn't understand why you were asking for an updated post and why you were providing a link to the letter until I went back and viewed the post (I haven't viewed it for a couple weeks). It seems something happened with the HTML coding and the whole post was in disarray. The post is fixed now and the proper links are in place. Thanks, visit us again soon, Tim Hey Ethan,

At first I couldn’t understand why you were asking for an updated post and why you were providing a link to the letter until I went back and viewed the post (I haven’t viewed it for a couple weeks). It seems something happened with the HTML coding and the whole post was in disarray.

The post is fixed now and the proper links are in place.

Thanks, visit us again soon,

Tim

]]> By: ethan http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-11474 ethan Thu, 11 Jun 2009 03:54:10 +0000 http://blog.hsh.com/?p=4005#comment-11474 don't know if there is an updated post, but letter 9-15 and included attachments can both be found here: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/ don’t know if there is an updated post, but letter 9-15 and included attachments can both be found here:
http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/

]]> By: Tim Manni http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10471 Tim Manni Mon, 01 Jun 2009 15:57:35 +0000 http://blog.hsh.com/?p=4005#comment-10471 Ron, The good thing is borrowers aren't being given a free rise on this. It's only for FHA, and the money can only be used to add to a DP or to pay for closing costs. It seems most are on board for this plan -- we'll see right! Tim Ron,

The good thing is borrowers aren’t being given a free rise on this. It’s only for FHA, and the money can only be used to add to a DP or to pay for closing costs. It seems most are on board for this plan — we’ll see right!

Tim

]]> By: Ron Barham http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10368 Ron Barham Sun, 31 May 2009 06:32:28 +0000 http://blog.hsh.com/?p=4005#comment-10368 The government needs to be doing anything they can to help the people! I dont mean hand outs either! But tax incentives are great to stimulate the housing market! I think at least right now the housing melt down is fresh in peoples minds! I do not see any abuse of the system for the near future! A short term opportunity might spark purchasing and lead to a more stable market! Besides it's a tax incentive, it cant hurt this market in the short term, let buyers use it as down payment assistance! Lets not go from stated evrything loans to over strident regulations! Rates are still low, and so are housing costs! If we can get a good loan product for first time home buyers now, we can jump start this economy. If HUD sits on this i am afraid the rates are gonna take off soon. We are already at Zero, they cant go lower and rates are starting to climb. It is not like we have all options on the table. I am not a fan of no dog in the hunt when buying a home, but under the circumstances i see it as a worth while risk in a portion of the market. Not zero down stated, stated, stated, as before, but what they mention is well within reasonable lending! Go for it HUD! The government needs to be doing anything they can to help the people! I dont mean hand outs either! But tax incentives are great to stimulate the housing market! I think at least right now the housing melt down is fresh in peoples minds! I do not see any abuse of the system for the near future! A short term opportunity might spark purchasing and lead to a more stable market! Besides it’s a tax incentive, it cant hurt this market in the short term, let buyers use it as down payment assistance! Lets not go from stated evrything loans to over strident regulations! Rates are still low, and so are housing costs! If we can get a good loan product for first time home buyers now, we can jump start this economy. If HUD sits on this i am afraid the rates are gonna take off soon. We are already at Zero, they cant go lower and rates are starting to climb. It is not like we have all options on the table. I am not a fan of no dog in the hunt when buying a home, but under the circumstances i see it as a worth while risk in a portion of the market. Not zero down stated, stated, stated, as before, but what they mention is well within reasonable lending! Go for it HUD!

]]> By: New $10,000 Tax Credit for New Home Buyers in California « Visionary Realty News http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10362 New $10,000 Tax Credit for New Home Buyers in California « Visionary Realty News Sun, 31 May 2009 03:37:30 +0000 http://blog.hsh.com/?p=4005#comment-10362 [...] $8K Tax Credit CAN Be Used As FHA Downpayment (hsh.com) [...] [...] $8K Tax Credit CAN Be Used As FHA Downpayment (hsh.com) [...]

]]> By: Tim Manni http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10229 Tim Manni Fri, 29 May 2009 15:19:26 +0000 http://blog.hsh.com/?p=4005#comment-10229 Micha, In terms of establishing a downpayment for those who need it, the program should certainly help. But these borrowers are going to need more than $8,000 for a downpayment right? Hope to hear from you again, Tim Micha,

In terms of establishing a downpayment for those who need it, the program should certainly help. But these borrowers are going to need more than $8,000 for a downpayment right?

Hope to hear from you again,
Tim

]]> By: Tim Manni http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10226 Tim Manni Fri, 29 May 2009 15:10:14 +0000 http://blog.hsh.com/?p=4005#comment-10226 Hey Tina, Here's the link to find a HUD office nearest you: <a href="http://www.hud.gov/localoffices.cfm" rel="nofollow">http://www.hud.gov/localoffices.cfm</a>. Since HUD announced the program, I bet they would be the best avenue for you to express your support. Sorry I didn't get back to you sooner. Thanks for commenting, Tim Hey Tina,

Here’s the link to find a HUD office nearest you: http://www.hud.gov/localoffices.cfm.

Since HUD announced the program, I bet they would be the best avenue for you to express your support. Sorry I didn’t get back to you sooner.

Thanks for commenting,
Tim

]]> By: Micha http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10182 Micha Fri, 29 May 2009 07:43:58 +0000 http://blog.hsh.com/?p=4005#comment-10182 This idea is a really good one, I really think this could help out a lot of people who normally wouldn't take up the offer of the original First Time Home Buyers Tax Credit. This idea is a really good one, I really think this could help out a lot of people who normally wouldn’t take up the offer of the original First Time Home Buyers Tax Credit.

]]> By: Tina Johnson http://blog.hsh.com/index.php/2009/05/8k-tax-credit-can-be-used-as-fha-downpayment/comment-page-1/#comment-10095 Tina Johnson Thu, 28 May 2009 13:56:49 +0000 http://blog.hsh.com/?p=4005#comment-10095 I value everyones input on this page. I am a first time home buyer and would really love that 8k to put along with the rest of the down payment Ive worked so hard to save. I was just wondering/hoping if yall felt my opinion would matter at all to the big guys debating this matter. If so could you please give me names, emails, phone numbers, fax numbers, anything i could reach them at. If you feel my say will not matter if there are any other good suggestions anyone has for me it is greatly appreciated more than you know. Thank you for your time and again the knowledge on this page is somewhat dizzying, ~ tina danae I value everyones input on this page. I am a first time home buyer and would really love that 8k to put along with the rest of the down payment Ive worked so hard to save. I was just wondering/hoping if yall felt my opinion would matter at all to the big guys debating this matter. If so could you please give me names, emails, phone numbers, fax numbers, anything i could reach them at. If you feel my say will not matter if there are any other good suggestions anyone has for me it is greatly appreciated more than you know.

Thank you for your time and again the knowledge on this page is somewhat dizzying,

~ tina danae

]]>