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  #1  
Old 11-06-09, 02:29 PM
Johnny Rebel Johnny Rebel is offline
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New Tax Credit Extension
Can anyone explain the new tax credit extension just passed yesterday on buying a house? How is it different than it was before?
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Old 11-06-09, 06:08 PM
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Can anyone explain the new tax credit extension just passed yesterday on buying a house? How is it different than it was before?
Before it would be $8000.00 if this is your first home. They have included $6500.00 for those who have lived in their home for five years or more. Sure thier are a few more rules. Talk with a real estate client. Said business is up. Not setting the world on fire. But is helping.
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Old 11-09-09, 04:02 PM
Johnny Rebel Johnny Rebel is offline
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I closed on the house I just bought in October. Even though I closed on it before the new bill went/goes into law, is there anyway I could be grandfathered in to get the $6500 for owning a house for 5+ years?
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Old 11-09-09, 04:05 PM
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I closed on the house I just bought in October. Even though I closed on it before the new bill went/goes into law, is there anyway I could be grandfathered in to get the $6500 for owning a house for 5+ years?
My bet would be no.
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Old 11-09-09, 06:28 PM
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I closed on the house I just bought in October. Even though I closed on it before the new bill went/goes into law, is there anyway I could be grandfathered in to get the $6500 for owning a house for 5+ years?
NO! They are giving it away but be a little for real. If they did yours. I would want my $8000.00 and $6500.00. Since this is my fourth house purchase.
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Old 11-10-09, 12:45 PM
Johnny Rebel Johnny Rebel is offline
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I guess so. Sucks though.
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Old 12-30-09, 04:16 AM
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Old 05-07-10, 12:25 PM
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A great piece of information ............Thanks for sharing. Good job man. Keep it up.
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Old 05-08-10, 09:53 AM
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A great piece of information ............Thanks for sharing. Good job man. Keep it up.
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