Real estate blog entries tagged with economic recovery first time home buyer tax incentive mortgage insurance mortgage qualification by Richard Smith FHA VA Rural Development in TN GA

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Home : Blogs : Richard Smith FHA VA Rural Development in TN GA : Richard's Real Estate Thoughts : Tag "economic recovery first time home buyer tax incentive mortgage insurance mortgage qualification"

economic recovery first time home buyer tax incentive mortgage insurance mortgage qualification: Tax Credit Alternative - 10/17/09 09:18 AM

The First Time Home Buyer tax credit has spurred recent home sales. Several options are being considered to extend the credit, in some form.
While the credit has at present increased sales, there are questions about whether the credit has stimulated new sales or just encouraged already decided buyers to purchase sooner rather than later. In other words, no real boost to the overall housing sales that would have occurred anyway over the next several months.
If this is the case, then the sales in the coming months may be adversely impacted by the present tax credit incentive.
Other objections are … (2 comments)

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