The Senate has passed an extension, which is attached to the unemployment extension bill.

It now moves to the House!

Here it must be reconciled with a House bill, previously passed. Rumor has it that they like the Senate's version better.

Then it can go to the floor for a vote, possibly tomorrow.

If passed, which it should, it moves on to the Prez, who is expected to sign the bill.

Stay Tuned!

As an additional tasty tibit let's move over to the

Fraudulent Side.

CNN reports;

Some 74,000 people claimed more than $500 million in credits even though they may not be first time homebuyers, according to Treasury Officials.

And, get ready for this, this is special;

More than 580 children, including some as young as 4 years old, have claimed the cr

YOU'VE GOT TO BE KIDDING ME!!!

I couldn't help but wonder, being the sick little puppy that I can be sometimes;

What about the deceased claimants? There's got to be some, don't ya think?

They must not have found them yet.

Well just for the record, please remember,

They're not done yet!

Ammended 11/06/2009

They're Done Now!

The new provision may be a little confusing for existing homeowners, or previous homeowners who do qualify for a lessor benefit, not all will.

And, as before, the $8,000 credit for first time homebuyers, may actually not be $8,000.

That's it, it's done.

Ta Ta for now.

    

 
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5 Comments on Homebuyers Tax Credit-They're not done yet! 11/06/09 They are Now!

NOV
05
Outside Blog

Hi Jay,

Yes, I've been following all this very closely and I had heard that 4 year olds were claiming the tax credit. At least I suppose we can assume that they haven't owned a home in the last 3 years........or maybe not!!!

Steve

9:26am • #1
136,217 Points 10 Featured Posts Localism Sponsor Outside Blog Hit Router

Jay - I am staying tuned..... And I completely AGREE....it AIN'T DONE YET....

9:27am • #2
Localism Sponsor Outside Blog

There will always be those trying to circumvent the system.

Lets hope it goes on through.

9:33am • #4
4 Featured Posts

Steve,

great point, i'm sorry i missed that!

i'm in southwest florida, anythings possible here.

Christine,

it ain't done, till it's done!

Jay,

if you're talking about the nut from the tree, i'm okay.

i'm not sure about the other nuts.

Ted,

using children, wow.

jay 

9:43am • #5

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Jay Beckingham

Cape Coral, FL

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Allied Home Mortgage Capital Corp.

Address: Home Office, Ft. Myers, Fl, 33912

Office Phone: (239) 745-5646

Cell Phone: (239) 745-5646

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