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

248-568-5958 David ...

Thu, 19 Feb 2009 20:36:00 GMT

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.

The purpose of this is to ...

Sat, 07 Feb 2009 05:28:00 GMT

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.

The current proposal is that ...

Sat, 07 Feb 2009 05:20:00 GMT

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.