The First-Time Home Buyers Tax Credit Loan (“TCLP”). Unfortunately nowhere around here, but it could be something that Washington State is considering.The TCLP is a loan of up to $5000 against the home buyers First Time Home Buyer Tax Credit (calculated as the lesser of 10% of the purchase price OR $5000). The loan is interest free until June 30, 2010 and then begins to accrue interest. Lots of great tools for First Time Home Buyers! Stay tuned!UPDATE: Idaho offering similar loan program.
Related Posts
The $8,000 Tax Credit Ends Soon.
I’ve seen a lot of activity in the $100,000 to $150,000 range for first time buyers (and I can’t qualify…
Deadline to Close Extended on First Time Home Buyer Tax Credit…
As many of you may know, the deadline to close in compliance with the First Time Home Buyer Tax Credit…
Post Falls Tour.
Yesterday I treked out into the snow to preview several homes in Post Falls for some clients. Although close the…