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 Nov 6: According to UPI, President Obama has signed this legislation. NOW it's … [Read more...]
Home Buyer Tax Credit Passes Both House and Senate (Update: Has been Signed by President)
Busted! First Time Homebuyer Tax Credit Fraud

On Wednesday our friends at the IRS announced their first successful prosecution related to fraud involving the first-time homebuyer tax credit. On Thursday July 23, 2009, a Jacksonville, Fla.-tax preparer, James Otto Price III, pled guilty to falsely claiming the first-time homebuyer credit on a client’s federal tax return. Price faces the possibility of up to three years in jail, a fine of … [Read more...]
Remember the $15K tax credit? House Republicans aren’t giving up yet
Last week, National Public Radio reporter Mike Pesca sent me a link to the GOPs latest proposal for “The Responsible Homeowners Act” (PDF file). It contains several provisions, including the resurrection of the $15K home buyer tax credit that was briefly a part of the Stimulus Bill passed in February (and discussed on this blog at length). Here’s what is in the plan with regard to a … [Read more...]
Obama’s Mortgage Plan: What is, and isn’t, in the Homeowner Affordability and Stability Plan

UPDATE: See this post for details released on March 4, 2009 regarding this plan. The mainstream media, the blogiverse and the average Joe on the Street are all abuzz today with the “Mortgage Rescue”, “Homeowner Affordability and Stability Plan", “Homeowner Bailout” – pick your title. Announced yesterday right here in our backyard of Mesa, Arizona, the President delivered … [Read more...]











I'm Jay Thompson, and I have a little blogging problem... Welcome to The Phoenix Real Estate Guy, or "TPREG" as I fondly refer to it.