According to USnews.com, President Obama, has tried even harder to make it easier for First time home buyers. Apparently, we can use the $8000.00 credit towards closing costs and a portion of down payment! Weeeeeeeeeee, free money! The federal government did this to stimulate the housing market. The National Association of Realtors reported that housing sales were up 2.9% for the month of April. Maybe now is a great time to start looking for a home. Interest rates are down and with free money in your hand after the purchase of a new home, I would buy too!
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