Will the Homebuyer Tax Credit Return? Should it?

by on August 30, 2010
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It’s starting to sound like, “The Song that Never Ends”… On Sunday, HUD Secretary Shaun Donovan implied on an interview with CNN’s Ed Henry that the Obama administration that the $8,000 home buyer tax credit could be revived. From the transcript: HENRY: Let's end on two quick points. First of all, along the lines of this debate, there are some critics saying the federal government … [Read more...]

Homebuyer Tax Credit Extended: Closing deadline now Sept 30.

by on July 2, 2010
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Lots of things happening in D. C. this morning... Homebuyers Assistance and Improvement Act of 2010 (H.R. 5623) This morning (Friday, July 2, 2010), President Obama signed into law the Homebuyers Assistance and Improvement Act of 2010. (Source: Whitehouse.gov) Home buyers who were under contract to purchase a home on or before April 30 now have until September 30 to close on the transaction … [Read more...]

Bill to Extend Homebuyers Tax Credit Closing Deadline Dies

by on June 25, 2010
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If you arrived here via a search engine, please pay careful attention to the date of publication. There are dozens of articles on this site about the Home Buyer Tax Credit. You can see them all here. For the most recent news about the Home Buyer Tax credit, please see this article (July 2, 2010).  UPDATE - July 2: This morning President Obama signed into law H.R. 5623, the “Homebuyers … [Read more...]

Senate Amendment to Extend Home Buyer Tax Credit Deadline

by on June 11, 2010
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If you arrived here via a search engine, please pay careful attention to the date of publication. There are dozens of articles on this site about the Home Buyer Tax Credit. You can see them all here. For the most recent news about the Home Buyer Tax credit, please see this article (July 2, 2010).  UPDATE June 25, 2010: The bill this extension amendment was attached to died in the Senate … [Read more...]

The Stupidest Thing I’ve Ever Heard a Politician Say

by on June 2, 2010
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Let’s face it, sometimes politicians say the dumbest things. And on March 25, 2010, Ron Paul (R-TX) may have taken first prize in the Stupidest Thing a Politician Has Ever Said contest. That was the day Representative Paul introduced the Homeowner Tax Credit Extension and Expansion Act. Here is part of his statement to the Speaker of the House made upon introducing his legislation: Madam … [Read more...]

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