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Tri Cities Washington | The $8000. Home Tax Credit

The State of Washington is all set to go for the $8,000 tax credit bridge loan for first time homebuyers. However, the IRS is not.

Currently, the way the $8,000 tax credit works for a first time homebuyer (a first time homebuyer is defined as someone who hasn’t owned a home in the past 3 years) is he/she will purchase a home then file an amended tax return to get the tax credit.

For the $8,000 tax credit bridge loan, the down payment would be advanced to the buyer thru a third party then paid back to the third party when the buyer gets their refund from their amended return. However, with an amended return the refund has to be mailed to the buyer at his/her current address. This is where the IRS comes in, the State of Washington and Washington Association of Realtors are working with the IRS to have the refund made payable to the third party handling the funds instead of the buyer.

Personally, I hope they get the fund handling issue hammered out soon. Originally posted at 8000 home tax housing credit.

Posted Thursday May 21
( 05/24/09 07:13AM ) — Project

From: Miss Rokia Ododo
Abidjan Cote d'Ivoire
West Africa.
                    
Dear. Sir/Mme
I Just Came Across Your E-Mail and I Decided To Reach You Basically On My


Heritage Purposed.


 


Am Miss Rokia Ododo


Reaching You from Cote d ‘voire Afrique De Ouest. A 21Years Old Single Girl. 


Though I Have Not Met With You before But I Believe, One Has To Take a Risk


Confiding In Some One Sometimes In Life.


 


My Main Reason for Contacting You Is That There Is Amount of [$ 4.000.000]


Four Million American Dollars Which My Late Father


Who was a former minister here in Cote D'Ivoire late [MR.LAURENT ODODO]


 Kept? With organisation call Fiduciary Fund Holder here In Abidjan,


 


Before his assassination in year 2002 He Made Me Know That there was a Fund


That He lodged in fiduciary fund holder that this fund was lodge With My


Name As The next of kin since I Am the Only Daughter He Has.


 


That's I should seek for a foreign partner who will help me and get the fund transfer


Also to invest it on a real estate management.


 


Also make quick arrangements for me in other to come and stay with you over


There for Further investments.


 


That immediately this has been done I should compeciated the person 20%of the


Total sum for his or her effort Input after the successful transfer of the fund.


 


So I will like you to signified the account details wish the fund shall be transfer to


 


To also serve as the guardian of all the investments that we are going to made


Since I am a girl of 21years old.


 


So I will be gladly soliciting your help in this area


 


Immediately I hear from you I shall quickly update the organisation that the fund is


Been lodge and let them know that you have get back to me, and no how the fund


Shall be transfer .As they told me that the fund shall be wire into your nominated


Account over there.


 


Thanks as awaited your immediate response of this mail


Yours truly sincere.You can as well get back to me on this mail-enquarie@yahoo.fr


 


Miss Rokia Ododo 


 

( 05/26/09 05:43AM ) — Kathleen & Kathy Gentner Realtor Bucks County Pennsylvania Homes For Sale

This has been a problem in our area of PA.  Many first time home buyers would like to have the money at closing to give the assistance the buyer needs today.  It is so unfortunate the buyers have to wait for the tax return. 


The credit is helping to increase the first time homebuyer find a home.


 

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