The best thing with the programs is that the buyers can still take advantage of the 10% tax credit up to $8,000.00. However, both programs currently are without funding presently. MHDC in the mean time can be used as a monetizing vechical for the 10% tax credit to allow the "first time home buyer" to use the tax credit as their down payment with FHA financing.
Discount for 1st time home buyers us as Real Estate Agents only dream that would be true. Many myths you qualify same way as others searching for a home
In some states allow an agent "gift back % of their sales commission" however not all agents offer that service or program.
Good luck keep in mind you receive annual tax benefits owning home confer with your CPA
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There is talk about the Federal Govenment extending or enhancing the program, but nothing concrete on that as of yet.
In Kansas City Mo. there is a KC Dream program (when they have funding available) that first time buyers can get a down payment grant of up to $20,000.
Also, check out the website for Kansas City programs available at www/kchomeprograms.com
You can also contact me or my office and I can have someone assist you directly.