Some new rules have been openned by the new tax credit which recently passed. You do not have to be a first time home buyer to benefit. One ground breaking rule is that for the first time every proceeds from a Reverse Mortgage be used to purchase Real Estate. This can be used to for investment property or to help a family member get a house.
David Cool, REALTOR & Mortgage Broker
INI Realty Investments, Inc
904 338 4601
Jacksonville.realtor@yahoo.com
www.DavidCoolRealtor.com