Questions about utilizing the $8k first time homebuyer credit

[Stephen N.]

1. Is the $8k credit available for bond for deed transactions

2. Is it possible for me as a seller to set it up to where the $8k credit is used for down payment? I'm thinking of requiring Buyer to amend 2008 return and put my checking account number as the account to send the refund to.

3. I have heard conflicting stories about the deadline for filing 2008 amended return to get the tax credit. Does anyone know if there is a deadline?