Reno first time home buyers: GET YOUR $8,000 HUD TAX CREDIT NOW!

Last Friday, I got this email:

"On Friday, the U.S. Department of Housing and Urban Development (HUD) announced that first-time homebuyers using FHA-approved lenders can now get an advance on the $8,000 tax credit created by the stimulus package and apply it toward their down payments or closing costs."

Basically, instead of waiting to get the $8,000 tax credit, first time home buyers can get the $8,000 for the down payment. 

This is huge especially for one of my clients who have been approved for a $220,000 last January but do not have the down payment for a house.  They are paying $1,200 for rent and can't wait to buy their own home.

Here's the full article from CNN MONEY: $8,000 HUD TAX CREDIT NOW!