What The Crap- Wonders Never Cease To Amaze!!!

By
Real Estate Agent with Coldwell Banker Kinard Realty

I just received a call from one of my Buyers who I sold their first home to 4 months ago. They have completed their paperwork to receive their $8000.00 from Uncle Sam.

My Buyer just explained to me that she had just hung up the phone with the IRS trying to get clarity on the status of their check.

The IRS explained to her that she might not get a check. She told her they had been dealing with so much fraud that they had started to categorize files as they came in and if your Buyer's fall into this category it would basically place them into a holding pattern for an additional audit and they might not get their check...

Someone please tell me what in the world? Has anyone heard of anything such as this? I certainly hope were not out their selling this 8000.00 incentive and now something else stupid...

Please give your thoughts, experiences, or feedback...

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Tags:
realtor
realtors
housing
home buying
federal reserve
real estate
home sales
agents

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
611,527
Jeana Cowie
RE/MAX Real Estate Limited - Paramus, NJ
Broker Associate, ABR, CRS, GRI, SRES

Paula, Wow, this is the first I'm hearing of that. I hope your buyers get their credit....

Jan 12, 2010 07:28 AM #1
Rainmaker
1,046,778
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Paula, I have a couple of Buyers in this debacle and will follow up with them on their progress.  I had read months ago that by initiating your credit it was practically inevitable that your request and or return would be scrutinized.  I've not heard of the IRS denying any valid credits though.     

Jan 12, 2010 07:44 AM #2
Rainer
19,342
Paula Roberts
Coldwell Banker Kinard Realty - Dalton, GA

Just a little more info. My buyer called back from what this person at the IRS told her each file is being reviewed. She told her much to my amazement she could thank President Obama for this - What ever that means. Since my buyer contacted me she has emailed Fox News and I'm sure we all will agree this can not be a good thing for Realtors! I would have loved to have been on Conference when that call took place!

Jan 12, 2010 10:05 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
19,342

Paula Roberts

Ask me a question
*
*
*
*
Spam prevention