First Time Home Buyer Tax Credit is Extended!!
Posted by Wayne Long on Saturday, November 7th, 2009 at 6:51am.
After a unanimous vote in the Senate and an overwhelming vote in the House - President Barack Obama signed into law an extension to the first time Home Buyer Tax credit.
Current Home Owners can also receive the credit
Increased Income Limits
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Atlanta New Homes wrote:
There are a lot of great things that came from the extension of the tax credit. I think that after the first of the year home sales will increase after the first of the year.
There are a lot of great things that came from the extension of the tax credit. I think that after the first of the year home sales will increase after the first of the year.
Posted on Tuesday, November 24th, 2009 at 12:01 PM.
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I am pleased that that the tax credit was expanded and extended. The US housing market is clearly still in crisis in many, many parts of the country and the situation is much worse than we even realize due to the shenanigans of the banks. I am referring specifically to the illegal practice of not foreclosing on homes that have received foreclosure notices for the express purpose of avoiding write-downs that will negatively impact the banks' balance sheets. The tax credit and tax expansion at least gives the housing market a fighting chance to reduce the onslaught of additional inventory that will inevitably hit.
Posted on Monday, November 16th, 2009 at 9:28 AM.