First time buyers that take advantage of the $8,000 Stimulas Program and also the OHFA Mortgage Credit Certificates program could revieve over $40,000 in Federal Tax Credits on a $110,000. Home Purchase.
IF you are a First Time Buyer (or plan on buying in a OHFA Targeted Area) you want to find out about this opportunity.
Here is a calculator that will do the math for you. http://www.firsttimebuyers-mortgages.com/OHFAMCCTaxCalculator.php?Linked=TBradford
The only catch is that OHFA has only authorized 12.5Million to this program and they estimate only the first 1,000 applications can be accepted. If you have any questions, please give me a call.