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8000 tax credit

Federal Homebuyer Tax Credit is Expiring – Last Minute Facts You Need to Know

As the clock winds down and the deadline for the $8,000 and $6,500 federal homebuyer tax credits quickly approaches, I’ve recorded this quick (about 6 minutes) and informative video to help you get all the facts.

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No More Extensions for $8,000 Tax Credit

by Scott Schang December 28, 2009 Market Updates

As the deadline for the latest extension of the $8,000 homebuyer tax credit quickly approaches, lawmakers are pretty clear about it’s end.
LA Times, December 27th, 2009:
The provision that puts up to $8,000 in buyers’ pockets won’t be renewed a third time, industry leaders and lawmakers say.
Reporting from Washington – Home buyers hoping to take advantage [...]

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Slide Show: A Complete Guide to the Extended and Expanded Homebuyer Tax Credit

by Scott Schang November 11, 2009 Slide Shows

If you missed the live Webinar – “A Compete Guide to the Extended and Expanded Homebuyer Tax Credit”, no worries – Here’s everything you need to know in one place.
Due to technical difficulties, I was unable to record the webinar, but here’s the power point presentation – Feel free to drop me a line if [...]

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Ways and Means Committee Announce Hearing on Homebuyer Tax Credit

by Scott Schang October 19, 2009 Tax Credits

FROM THE COMMITTEE ON WAYS AND MEANS
SUBCOMMITTEE ON OVERSIGHT
FOR IMMEDIATE RELEASE
October 22, 2009
Lewis Announces Hearing on Administration of the First-Time Homebuyer Tax Credit
House Ways and Means Oversight Subcommittee Chairman John Lewis (D-GA) today announced that the Subcommittee on Oversight will hold a hearing on administration of the first-time homebuyer tax credit. The hearing will take [...]

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UPDATE: Homebuyer Tax Credit Too Costly for America?

by Scott Schang October 15, 2009 Tax Credits

I Ran across some news today on the extension and expansion of the homebuyer tax credit and wanted to share it as soon as I found out.
It seems that the cost to continue the homebuyer tax credit incentive is definitely on the forefront of many lawmaker’s and analysts minds as public opinion continues to challenge [...]

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UPDATE: $8,000 Homebuyer Tax Credit Extension – October, 2009

by Scott Schang October 8, 2009 Tax Credits

We still don’t have anything concrete on the progress of H.R 2801 which looks to extend the $8,000 homebuyer tax credit.
I do have new information about H.R. 2801 based on both fact and rumor.
The Facts: In a recent daily press briefing, White House Press Secretary Robert Gibbs did receive questions about the fate of [...]

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Will Congress Extend the First Time Homebuyer Tax Credit?

by Scott Schang August 24, 2009 Tax Credits

This is the headline today on a Wall Street Journal Article discussing the possibilities of extending and possibly even increasing the tax credit.
Since we first wrote about the possibility of increasing and extending the tax credit on June 10th, little is being said about what is being proposed.
Not only are some legislators (and real-estate industry [...]