$8000 Tax Credit

Think Before You Buy: The Homebuyer Tax Credit is a Bonus, not a Reason

December 3, 2009

Some Home Buyers are making a purchase just because they can get $8000.  Is this a good enough reason to buy a home?  There are many benefits of home ownership and last time I checked a one-time $8000 bribe was not one of them. A while back I posted a video about the first time [...]

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FHA Loans: The Next Real Estate Mess

November 17, 2009

You’ve heard that when you buy a new car and the minute you drive it off the lot, it’s already worth less than what you just paid for it, right?  Parts of the Ada County Housing Market might be the same!  First it was ARM’s (Adjustable Rate Mortgages), then it was the ‘Pay Option’ Arms, [...]

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Home Buyer Tax Credit Extension a Reality–Expansion Joins

November 11, 2009

Like it or not, the First Time Home Buyer Tax Credit has been extended from it’s original deadline of November 30th, 2009 to April 30th, 2010. Not only did the Tax Credit get extended, it also got expanded. First Time Home Buyer Tax Credit Changes Extension Tax Credit Expires April 30th (must have a binding [...]

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Breaking News: Senate Plans on Extending and Expanding The First-Time Home Buyer Tax Credit

October 29, 2009

The Senate reached a compromise today to extend the $8000 tax credit for first-time home buyers in an effort to help the flailing real estate market out of it’s tail spin.  We’ll see if the bill passes. The Wall Street Journal reports that not only will the tax credit of $8000 be extended, but that [...]

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