Diamond Mortgage Blog

Now that our President has signed the Stimulus Package 2009. He is encouraging US citizens to take advantage and to buy a house. This will in fact get more money flowing around to boost the economy.

You can receive $8,000 on your taxes if you purchase a home before Dec. 1, 2009. Who qualifies; 1st time buyers or anyone who have not been on title for the passed 3 years.

I think everyone should try to take advantage of this tax refund. Homes prices have become affordable for people to buy and invest. Spread the word and tell them to call us at Diamond Mortgage Lending.

How I would take advantage of the $8,000. I would try to buy a Foreclosure 4plex that cash flow with an FHA loan. The down payment is only 3.5%.