SoCal Green Real Estate

Now you can use your tax credit towards your down payment!
I just read this in the California Board of Realtor's Realtor onlline magazine:
Big Improvement to First-Time Buyer Tax Credit
- Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment. Previously, most buyers wouldn't receive the funds until after they filed their tax return, and that deterred some people from using the credit. FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.
WHAT GREAT NEWS FOR THE HOMEBUYER WITHOUT THE FUNDS FOR THE DOWN PAYMENT! There are so many great buys in So Cal right now, and with this news, the door is open to so many more than before!!! What is your vision and how can we help you?