What is this? Well the state decides where the best development for the state would be and therfore makes incentives for people to live there. How does it help me? Well, if you are interested in an area that qualifies for rural development you can get assistance with your down payment. Therefore, if you are a new buyer and want a home we can basically get you in a home with no money down and with the tax credit of $8,000 you get money back when you file your taxes. Seems pretty good to me. I don't know why any buyer that has this education wouldn't buy now. There is also a bond issuance available to assist with down payment. All you have to do is have the seller pay your closing costs and you can get out from under your rent for a sound real estate investment. NO BRAINER? For ...
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