Luttrell Development is excited to report that homebuyers can now use their $8,000 tax credit toward the downpayment of their new home! Please read the article below to learn more about this great opportunity for new homebuyers. Also be sure to look through our Communities page to see the latest homes being built for sale from Luttrell Development.

"Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration will permit its lenders to allow homebuyers to use the $8,000 tax credit as a down payment.
Previously, most buyers wouldn't receive the funds until after they filed their tax return, and that deterred some people from using the credit.
Donovan says FHA's approved lenders will be permitted to "monetize" the tax credit through short-term bridge loans.
This will allow eligible homebuyers to access the funds immediately at the closing table.
Check with your lender for more information."

Source: Viewhomes.com