Tag Archives: tax credit

Home Buyer Tax Credits – Questions and Answers

The first time home buyer tax credit of $8000 is generating a lot of interest among potential Atlanta  Condo buyers – and a lot of questions.
What’s interesting for all home buyers is the various initiatives in states right now – California just passed a $10000 tax credit for newly constructed homes available to ALL home buyers this year, in addition to the federal $8000 credit for first time home buyers. Delaware iphone keylogger ?best iphone keylogger app 2016 is considering mortgage and down payment assistance. Missouri is …

Stimulating News for Home Buyers

So what is the story with the stimulus and the tax credit for first time home buyers anyway? How different is it from the tax credit that already exists?
Originally, a $15,000 stimulus credit was discussed, one that would be open to all home buyers who had not purchased within the past three years. This would have carried a $19 billion price tag. Congress reduced it to $8000. But you still are eligible if you have not owned a home within the past three years.
Congress missed a great opportunity …

A Real Estate Blog by
A Real Estate Blog by CondoDomain