Extending the Home Buyer Tax Credit – So Close, Yet So Far Away

Here is the headline from the AP Story that ran yesterday “Senators agree to extend homebuyer tax credit”.  Look spretty good, doesn’t it?  Reading that, you would think we were in the clear, tax credits for everyone!   Well, I hate to rain on everyone’s parade, but we still have a long…Read More

Senate Voting today on amendment to extend the $8,000 First Time Buyer Tax Credit

According to a quick release from The National Association of Realtors today, the Senate is voting on an amendment to Extend Unemployment Insurance Benefits.  In this bill, there is an amendment titled “Dodd-Lieberman-Isakson Amendment to Extend and Expand the $8,000 First Time Homebuyer Tax Credit”.  

Tax credit hoops? What hoops?

I saw an article posted on Rismedia the other day (http://rismedia.com/2009-10-15/8000-tax-credits-hoops-frustrate-house-hunters/) that was picked up from the Orlando Sentinel.  The reporter (Mary Shanklin) titled the article “$8,000 Tax Credit’s Hoops Frustrate House Hunters”.  She wrote a nice article about the challenges some people are facing in today’s market, concise and well…Read More