Foreclosure Investors: $7000 TAX CREDIT
Foreclosure Investors: $7000 TAX CREDIT
“The proposed measures include funding to help borrowers refinance unaffordable loans and help boost activity in neighborhoods with properties in foreclosure. Also in the bill is a tax break for homebuilders, as well as a new tax credit and deduction for homeowners and home buyers. The package also contains measures to make loans that are insured by the Federal Housing Administration - which helps borrowers with weak credit or little or no cash for a downpayment - more accessible.”
Read the full article at:
http://money.cnn.com/2008/04/02/news/economy/
housing_bipartisan_draft/?postversion=2008040320
September 13th, 2008 at 3:21 pm
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