housing bill: Will the new housing bill help? - 07/29/08 11:55 PM
One of the provisions of the new housing bill that is likely about to go into law is a $7,500 tax credit for first time homebuyers.  Unfortunatly, I feel like this is all smoke and mirrors and is flawed.  The problems are:
1.  It's not really a tax credit - from what I understand, the buyers have to somehow pay this back.
2.  Worse yet, the very people who will be most likely to be able to take advantage of this are also those who generally have the least amount for a down payment.  When you offer a tax credit and … (4 comments)

 
Matthew Share (Maximum One Greater Atlanta Realtors)

Matthew Share

Marietta, GA

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Maximum One Greater Atlanta Realtors

Address: 3715 Roswell Road, Suite 101, Marietta, GA, 30062

Mobile: (678) 520-3113

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