8000 first time homebuyers tax credit: The Welfare Mentality of the First Time Homebuyer's Tax Credit - 09/17/09 12:43 AM
 

The average family wants to buy a home, but at what costs? At what cost to us, the American Tax Payer. The First Time Home Buyers Tax Credit is about to expire in 2 1/2 months, but now there are many urging for it to be extended. Have we looked at all of the facts?
I am sending you all to a blog that I published at 2 am this morning, and wanted to direct you to it, because I felt that it could have been missed here on Active Rain. Please click on the blue link below.
The … (1 comments)

8000 first time homebuyers tax credit: The Welfare Mentality of the First Time Homebuyer's Tax Credit - 09/16/09 05:50 PM
 

There has been a lot of buzz about extending the First Time Homebuyers Tax Credit. Why?  For two reasons...
Because the $8,000 Tax Credit expires on November 30th, 2009. And because many have stated that these tax credits have stimulated the housing market and our economy.  
We have heard mention of recession, great depression, inflation, economic default, hard times, etc, etc. Has the First Time Homebuyers Tax Credit helped the economy and the housing market? Yes, in some cases. But people, it's another gov't band aide.
 
 
 

 
In regards to the tax credit, many … (79 comments)

8000 first time homebuyers tax credit: $8,000 First Time Homebuyer Tax Credit - Will it be going to $15,000??? - 06/12/09 04:00 AM

 
Tax Credit Alert - $8,000 to $15,000??
Will the flood gates open for home sales?  Through some news reports such as Bloomberg and other media outlets, those lawmakers in Congress are looking to change up the current $8,000 first time homebuyers tax credit that ends on November 31st, 2009. The new bill was introduced on June 10th, 2009, but pending. This could be some good news for more than just first time homebuyers. But I have a different opinion on just the basics, from raising the tax credit from $8,000 to $15,000. But what are the changes that are being talked about?
(80 comments)

 
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Jeff Belonger

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