Zillow Advice: Rent vs. Buy - Did you see NAR announcement?? 8000 Tax Credit can now be used as Down Payment with FHA loans !!! http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ Zillow Advice | Zillow Real Estate OT I know, but I am sorry ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ OT I know, but I am sorry to hear that titan. I have been following the thread myself and didn't see anything. It seemed like most replies by you and others were polite, fairly respectful and well controlled discussion about the subject. I had seen no offensive comments. I often learn things when others discuss their perspective, but I know that in the past the discussion on the issue got pretty hot. Thu, 04 Jun 2009 19:36:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-06-04T19:36:00Z wow, I got my first delete ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ wow, I got my first delete by a moderator. I guess someone feels value discussions are offensive. I just wish I could see what I said that made it get removed. Thu, 04 Jun 2009 19:15:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-06-04T19:15:00Z Some states have programs ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ Some states have programs of their own, but the FHA still requires a 3.5% down payment from other sources other than the buyers tax credit. However, a new change from FHA will allow the $8000 credit to be used upfront for closing expenses. You can read more about it&nbsp;<a rel="nofollow" href="http://blogs.wsj.com/developments/2009/05/29/how-to-get-the-8000-first-time-home-buyer-credit-upfront/">here</a>. Mon, 01 Jun 2009 13:32:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-06-01T13:32:00Z I'm under the impession that ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ I'm under the impession that the buyers must still bring 3.5%. The other option, I think, is for a third party to do the bridge. In my understanding f.h.a. itself will not be the bridge. I'm hoping a <a href="http://www.zillow.com/mortgage/">mortgage</a> pro clears this up for all us. Mon, 01 Jun 2009 06:29:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-06-01T06:29:00Z so has the 8k bridge loan ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ so has the 8k <a href="http://www.zillow.com/mortgage-glossary/Bridge-Loan/">bridge loan</a> been finalized? Sat, 30 May 2009 18:41:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-05-30T18:41:00Z As long as you have your ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ As long as you have your last few shots, ill have to have my last few responses, but I will move it to another place<br/><br/><br/><a href="http://www.zillow.com/advice-thread/Continued-discussion-on-values/238053/">http://www.zillow.com/advice-thread/Continued-discussion-on-values/238053/</a> Fri, 22 May 2009 23:45:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-05-22T23:45:00Z As much as I love a good ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ As much as I love a good religion flame war (by the way, I told you so) this isn't the place for it.&nbsp; If you want to start a thread in Mixed Bag for it or something, I'll fight you there, but keep it out of the Buying forum.<br/><br/>Just a few last shots...<br/><br/><em>I would argue that is quite the opposite, as God created man, therefore laws could not exist without Him</em><br/><br/>Yet many cultures that had never heard of any Abrahamic religion have come up with them on their own.<br/><br/><em>And what values would you consider barbaric?</em><br/><br/>Selling your own daughters into slavery, stoning people to death for blasphemy, forcing rape victims to marry their rapists, the usual stuff.<br/><br/><em>I am sorry that last time you had this discussion with someone that they didnt know the reason for those values. I hope I can help you, as while I dont understand all things, all the values that come to mind that occur in the Bible, I can give you good reasons that they are important.</em><br/><br/>Why is eating shellfish a hell-worthy abomination?&nbsp; Crab cakes happen to be awesome! Fri, 22 May 2009 21:43:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-05-22T21:43:00Z [off-topic post, removed ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ [off-topic post, removed by moderator] Fri, 22 May 2009 21:35:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-05-22T21:35:00Z [inappropriate photo, removed ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ [inappropriate photo, removed by moderator] Fri, 22 May 2009 21:33:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-05-22T21:33:00Z [off topic post, removed ... http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ [off topic post, removed by moderator] Fri, 22 May 2009 21:28:00 GMT http://www.zillow.com/advice-thread/Did-you-see-NAR-announcement-8000-Tax-Credit-can-now-be-used-as-Down-Payment-with-FHA-loans/234483/ 2009-05-22T21:28:00Z