first time home buyer credit: THE FIRST TIME HOME BUYERS TAX CREDIT EXTENSION - IS IT SOUP YET????? OR, IS IT STILL SAUSAGE??? - 10/28/09 10:15 PM
WARNING!               WARNING!                WARNING!                 WARNING!                 WARNING!
ActiveRain members are posting articles claiming that the "FIRST TIME HOME BUYER CREDIT HAS BEEN EXTENDED".  
IS THIS FACT? 
OR IS THIS IRRESPONSIBLE RUMOR?????
     SHOW ME THE LEGISLATION!
     SHOW ME THE LAW!
     SHOW ME THE RECONCILIATION!
     SHOW ME THE FACTS!
Show me more than rumor.  As I understand it, the extension has been proposed and passed by the Senate.  THAT DOESN'T MAKE IT LAW. 
There are two branches of Congress.  One branch can pass and then it goes to the other branch.  These are co-equal branches of Congress. 
Any extension would, … (126 comments)

first time home buyer credit: HOW THE TAX CREDIT WILL HELP HOME BUYERS IN MARYLAND. - 02/17/09 09:44 AM
TO QUALIFY FOR THE FIRST TIME HOME BUYERS TAX CREDIT, THE INCOME LIMIT FOR A SINGLE HOME BUYER IS $75,000.  THE INCOME LIMIT FOR A MARRIED COUPLE IS $150,000. 
Consider the Questions from a First Time Home Buyer below.
QUESTION  "Lenn, how much home can I buy with my income of $70,000 a year?
ANSWER, "THIS IS THE GOOD NEWS.  With home prices the lowest in the past 5 years, interest rates as low as I can remember, your income will buy more home than in the past 5 years.  Depending on the county in which you wish to buy, you, a single … (12 comments)

first time home buyer credit: FIRST TIME HOME BUYERS $7,500 TAX CREDIT, HELP FOR BUYERS IN MARYLAND. - 11/21/08 08:22 AM
DON'T LET THIS IMPORTANT TAX CREDIT GET AWAY.  IT WILL HELP FIRST TIME HOME BUYERS IN THIS CRITICAL TIME WITH CASH WHEN YOU NEED IT MOST. 
Buying a home may be complicated for many home buyers.  First time home buyers have many more questions than folks who have purchased one or two homes before. 
Funny thing about buying a home, finding the best home is complicated enough.  However, getting financing can often be even more complicated.  Buyers can see the home they're buying.  Many first time home buyers, however, do not understand financing. 
One thing every first time home buyer … (0 comments)

 
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