document.write("<p><a target=\"_blank\" href=\"http:\/\/www.nbaor.com\/cms\/r.aspx?u=\/objects\/downloads\/march-home-sales-increased-63.pdf\"><img alt=\"\" src=\"http:\/\/www.nbaor.com\/cms\/r.aspx?u=\/images\/assets\/pdficon_sm.gif\" \/>March Home Sales Increased 63%<\/a><\/p>\n<p><strong><span style=\"font-weight: bold\"><strong>Home buyer tax credit can be applied to purchase costs<\/strong> <\/span><\/strong><\/p>\n<p>U.S. Dept. of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced that the Federal Housing Administration (FHA) will allow home buyers to apply the administration\'s new $8,000 first-time home buyer tax credit toward the purchase costs of a FHA-insured home. The American Recovery and Reinvestment Act of 2009 offers home buyers a tax credit of up to $8,000 for purchasing their first home. Families can only access this credit after filing their tax returns with the IRS. Home buyers using FHA-approved lenders can apply the tax credit to their down payment in excess of 3.5 percent of appraised value or their closing costs, which can help achieve a lower interest rate.<\/p>");