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I just bought a house here in late Jan 09' does the new propsed tax credit apply or is it the $7500.

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If i bought a house in Jan 09' does the $15000 tax credit apply for me?

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February 06 - Grand Rapids
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Answers (3)

248-568-5958  David Elwood Chase Home Lending
It is effective for any homes purchased after Jan1 2009.  It is not a $15,000 credit however.  It is 10% up to $8000.  There are income restrictions as well.
Check out these sites for more info:Or click on the above 2 links for detailed info.


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February 19
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Since January 2009


The purpose of this is to stimulate purchases, not to reward purchases that were made without the expected stimulus.

correction

The purpose of this is to stimulate bad choices, not to reward bad choices that were made without the expected stimulus.
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February 06
Profile picture for wetdawgs
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Since January 2009

The current proposal is that the $15k credit will be from the date it goes into law (i.e. is signed).   Look for more details after they vote it.  

The purpose of this is to stimulate purchases, not to reward purchases that were made without the expected stimulus.
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February 06
 

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