Comments on: $8,000 Home Buyers Tax Credit: What We Currently Know

By: Real Estate Marketing

Real Estate Marketing — Sat, 11 Jul 2009 08:36:26 +0000

Waaaaaahhhhhhh the stimulus bill had been a big issue all over USA, Hope this problem will be resolved soon many professionals and businesses had been affected with this issue.

By: Real Estate Marketing

Real Estate Marketing — Sat, 11 Jul 2009 06:36:26 +0000

Waaaaaahhhhhhh the stimulus bill had been a big issue all over USA, Hope this problem will be resolved soon many professionals and businesses had been affected with this issue.

By: Real Estate Marketing

Real Estate Marketing — Sat, 11 Jul 2009 06:36:26 +0000

Waaaaaahhhhhhh the stimulus bill had been a big issue all over USA, Hope this problem will be resolved soon many professionals and businesses had been affected with this issue.

By: real estate in panama

real estate in panama — Thu, 14 May 2009 16:15:33 +0000

It’s all about PR. Can’t make everyone happy so what’s the cheapest way to make themselves look good? That’s the road they take.

It’s the same thing with taxes, why do you pay more percentage of taxes the more money you make? You get the same benefits as everyone else you should pay the same thing as a flat rate.

Oh well that’s just how things work so accept it.

Cheers,Samuel (The guy into Real estate business in panama)

By: panama real estate

panama real estate — Thu, 14 May 2009 16:09:34 +0000

The way I see it is congress is doing damage control. If they gave away the benefit to everyone then they would pay out a lot more $8000 than if they limited to a particular group.

Cheers,Samuel,Panama real estate.

By: jeff@T1 internet

jeff@T1 internet — Mon, 23 Mar 2009 00:52:18 +0000

I heard it is rated on how much the home cost also. Not sure if that is true and because it is tax credit it is not the actual value only what you would save with the deduction. I think people think they will get that much back in taxes but that does not work that way.

By: Jay - The Phoenix Real Estate Guy

Jay - The Phoenix Real Estate Guy — Tue, 10 Mar 2009 22:56:33 +0000

@Michael McLaughlin – the bill was signed into law by the President on Feb 17. So we know the real score about the $8000 first time homebuyers tax credit…

By: Cary real estate

Cary real estate — Tue, 10 Mar 2009 22:43:35 +0000

Well, we cannot really say what is the real score about the bill, as long it is under the senate and congress office. We can really know when the house convene and pass a final draft of the law. I just hope the senate and congress not only bill out the new home owners, but also the existing homeowners whose houses are on foreclosure. Cheers, Michael McLaughlin, Cary real estate

By: Cary real estate

Cary real estate — Sun, 15 Feb 2009 19:14:57 +0000

This is just another attempt to re-inflate the housing bubble. The fundamental problem is that the middle class can no longer afford an average-priced home. The root cause of this is that millions of middle class manufacturing jobs in this country have been lost overseas. The only way the middle class can make ends meet now is through financial gimmicks that mask the real problem – the loss of decent-paying jobs in this country. This housing tax credit may start putting money back into the pockets of real estate agents, mortgage brokers and the rest of the real estate industry – all of whom already profited greatly during the most recent housing bubble. But remember, these people don’t create wealth or produce anything – as happens in manufacturing. All real estate people do is transfer assets from one homeowner to another while lining their own pocket.

Regards,
Michael McLaughlin, Cary real estate

By: Lint

Lint — Sun, 15 Feb 2009 17:30:38 +0000

I decided to purchase partly based on the $7,500 interest free loan. I am in the process of closing, and am hoping to get the $8,000 credit. I skrimped and saved to have a downpayment.
It makes a big difference! House prices climbed 75% in a very short time, squeezed out working-class buyers like myself. Now prices are more reasonable, but I still fear they will drop more. I don’t want to make a $#!^ load of quick money, just want to own a home and build some equity, and have it the way I want it. The money I will get back will hire exterior painters and masons. And I will have a reasonable home to call my own.
I think this is the intent of the credit. Not for a vacation, or second home, not for greedy flippers, not for banks; for people in my cirumstances, hard working and wanting a home of their own.