$8000

March 2, 2010
19 Comments

The Home Buyer Tax Credit: Who Qualifies

March 2, 2010

The Home Buyer Tax-Credit is getting more popular as we approach the Tax-Credit Deadline.  As that deadline draws near, many home buyers are wondering who qualifies to get the tax credit.  One common misunderstanding is that you have to be a first time home buyer…truth is, you don’t have to be a first time home [...]

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December 29, 2009
5 Comments

Does a Multifamily Home Qualify for The Homebuyer Tax Credit?

December 29, 2009

You’ve heard me call the Tax Credit a bribe, but if you’re in the market anyway, its a bonus.  The Home Buyer Tax Credit can be a useful tool for some multifamily real estate purchases as long as one of the ‘units’ is your primary residence! Check it out! If you have any questions you’d [...]

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December 3, 2009
0 Comments

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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October 29, 2009
1 Comment

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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