Tax Credit

June 25, 2010
29 Comments

Homebuyer Tax Credit Fraud: 14,132 Bad Apples

June 25, 2010

You’ve heard the idiom, “One bad apple spoils the whole bunch”. But how many bunches get spoiled by 14,132 bad apples? 14,132 is the number of “Individuals who have received erroneous Home buyer Tax Credits totaling at least $26.7 million” according to the Treasury Inspector General for Tax Administration (TIGTA) report recently released. Key findings [...]

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June 13, 2010
5 Comments

Boise Real Estate: Pending Home Sales Fall

June 13, 2010

The Boise Real Estate Market saw pending home sales fall 30.64% in May, just after the deadline of the Home Buyer Tax Credit. This shouldn’t come as a surprise to anyone paying attention, even Lawrence Yun, Chief Economist for the National Association of Realtors, said, “In the months immediately following the expiration of the tax [...]

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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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February 1, 2010
5 Comments

What is the MLS?

February 1, 2010

The MLS is the real estate industry’s favorite acronym.   For those of you that know what the MLS means, congrats, but for those that don’t know what the MLS means, this article is for you!  For example, if you’ve used my Boise MLS Home Search feature, then you know what I am talking about.  [...]

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