Comments on: Use The First Time Home Buyer Tax Credit Now!

By: ffb

ffb — Thu, 11 Mar 2010 06:50:13 +0000

Hi Rob, from what I understand the credit doesn’t go back to homes bought in 2007.

By: rob

rob — Wed, 10 Mar 2010 18:57:38 +0000

If I bought my home in Nov 2007 is there credits for those who where ready to buy a home?

By: Tony

Tony — Tue, 09 Mar 2010 06:11:54 +0000

When it comes to buy home, for first time home buyer is not easy to do. Because we must consider that lower payment rates should be chosen. Thanks for sharing this information
Tony´s last blog ..Pennsylvania PA Personal Income Tax Rates

By: Charles Richey

Charles Richey — Sat, 15 Aug 2009 01:18:07 +0000

It will be interesting to see what happens in November when it expires. With closings taking a lot longer in some cases, I wonder if they will allow anyone in escrow before the deadline to claim the credit.
Charles Richey´s last blog ..Las Vegas Property Auctions – Deal or No Deal?

By: Case Study: Alline Davenport. Some Financial Homework

Case Study: Alline Davenport. Some Financial Homework — Mon, 03 Aug 2009 10:47:16 +0000

[...] (approximately $15,000), therefore, would be a form of payment from her daughter. Furthermore, when applying for the loan for the house, Alline could ask to borrow 80% of the market value and would walk away from the closing with about [...]

By: Illinois Aims to Help First Time Homebuyers : Bizzia - Business News and Commentary - Finance and Business Tips

Thu, 23 Jul 2009 16:24:52 +0000

[...] your year . If you buy a home, you can get a tax credit worth up to $8,000. Additionally, you can use that tax credit now to put it toward a down payment . But if you are a first time homebuyer in Illinois, things are about to get even sweeter: The [...]

By: Andy in Spain

Andy in Spain — Mon, 06 Jul 2009 22:57:56 +0000

Geez, I wish they would do something like this in Spain!
Tax on purchases here is 6.5%, the market is on its rear end and total purchase costs are still running at an average of 10%!!!!

By: Hari

Hari — Mon, 06 Jul 2009 19:24:16 +0000

It says Up t0 $8000 tax credit? Where can I find how much I get (am eligible for)?

Thanks

By: ffb

ffb — Thu, 18 Jun 2009 02:26:25 +0000

There lies the problem with handouts – people expect them to keep coming. I think the expectation is the market will recover enough that it’s own momentum will take over so the stimulus will no longer be needed. (Still, I’d love to get $15k for buying a house).

By: ffb

ffb — Thu, 18 Jun 2009 02:24:35 +0000

Is your loan FHA backed? Those are the loans that will benefit from the new change. Otherwise you can apply through a tax return amendment (don’t know the details though).