Home Buyer Tax Credit has not only been extended, but it has also been expanded to include current homeowners. The following are features of the new bill:Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days.Eligibility and amount of new credit:$8,000 for first-time home buyers (those who have not owned a home in the last three years).Up to $6,500 credit for homeowners who have lived in the home they are sel... Read Full Story
A Senate committee reached a compromise to extend the $8,000 tax credit for first-time home buyers, a boost the housing industry expects will help it pull out of its two-year-old downturn.Lawmakers in Washington also added a $6,500 tax credit for other primary-home purchasers and raised the qualifying income limits to $125,000 for single taxpayers and $225,000 for joint taxpayers, housing-industry sources said.Under the Senate panel compromise, buyers must have sales agreements in hand by Apr... Read Full Story
<br>Your Browser Does Not Support Frames. Use <a href="http://www.mdrealtor.org/External/FirstTimeCountDown/clockcountdown.html">this link</a> instead.If you are in the market, call me now 240-417-6175http://www.thebrannigangroup.comhttp://www.branniganhomes.com Read Full Story
Congressman Joe Wilson, S.C. interrupting the President of the United States during a speech to a joint session and calling the President a liar. In my nearly 62 years, I never remember this ever happening. It's called respect for the office. I don't care what party you are from, you DO NOT disrespect the office of the President. Shame Mr Wilson.Has this man even read the Health Care Plan? He is the one that is lying!! The plan will NOT pay for health care for illegal aliens, PERIOD!I un... Read Full Story
First-time home buyers will get a tax credit windfall if they buy before December 2009. As part of the economic stimulus bill, first-time home buyers can claim a credit worth $8,000 (or 10% of the homes value, whichever is less) on their 2008 or 2009 taxes.This credit is refundable, meaning that tax filers see a refund of the full $8,000 even if their total tax bill was less than that amount. Unlike the earlier version of the tax credit which really was a loan, this tax credit does not have t... Read Full Story
First-time home buyers will get a tax credit windfall if they buy before December 2009. As part of the economic stimulus bill, first-time home buyers can claim a credit worth $8,000 (or 10% of the homes value, whichever is less) on their 2008 or 2009 taxes.This credit is refundable, meaning that tax filers see a refund of the full $8,000 even if their total tax bill was less than that amount. Unlike the earlier version of the tax credit which really was a loan, this tax credit does not have t... Read Full Story
First-time home buyers will get a tax credit windfall if they buy before December 2009. As part of the economic stimulus bill, first-time home buyers can claim a credit worth $8,000 (or 10% of the homes value, whichever is less) on their 2008 or 2009 taxes. This credit is refundable, meaning that tax filers see a refund of the full $8,000 even if their total tax bill was less than that amount. Unlike the earlier version of the tax credit which really was a loan, this tax credit does not hav... Read Full Story
