Yesterday HUD issued Mortgagee Letter 2009-15 which gave official guidance on how exactly you can turn the 8000 Tax Credit for new home buyers into cash to help you cover your closing costs and possibly part of your down payment. Home Buyer Tax Credit Monetization: How To Claim The 8000 Tax Credit While many people have many questions, I decided to cover the most popular ones that I hear.  … [Read more...]