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Where do we sit with the 1st Time Homebuyer ($7500) credit?

Contributions: 128

Q&A

:27
Disc

:101

I recall Congress considering making the credit part of the new stimulus package....essentially the tax credit would not have to be paid back.

If you're in an area where housing prices have stabilized (as best as possible), $7500 bucks is a pretty sweet incentive - you can even claim it for 2008 on a purchase this year.

Can anyone shed more light on the situation?

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January 27 - Perris

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scarybrat
Contributions: 12

scarybrat

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I would be interested in someone answering this one too. I saw a Washington Times? article a couple days back that said the non repayment proposal was part of the stimulus package, but haven't heard anything since.

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January 28

Esteban5
Contributions: 128

Esteban5

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:27
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:101

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Perhaps this would get some buyers off the fence:

http://www.thomas.gov/cgi-bin/query/z?c111:S.253:

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January 27

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Where do we sit with the 1st Time Homebuyer ($7500) credit?

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Related Questions

Question How can you enhance your chances of getting a short sale closed.

Question Im a first time buyer,but my credit is bad,is it possible to still buy a house.

Question what is the percentage of the melloroos in perris? And the property taxes? House build in 2006. Lo

Question why did u change zillow listting

Question Where do we sit with the 1st Time Homebuyer ($7500) credit?

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Where do we sit with the 1st Time Homebuyer ($7500) credit?

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Question How can you enhance your chances of getting a short sale closed.

Question Im a first time buyer,but my credit is bad,is it possible to still buy a house.

Question what is the percentage of the melloroos in perris? And the property taxes? House build in 2006. Lo

Question why did u change zillow listting

Question Where do we sit with the 1st Time Homebuyer ($7500) credit?

Related Articles about Home Buying

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

Guide About First-Time Home Buyer Tax Credit

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Need a Mortgage?

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