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First Time Home Buyers Eligible for the $8000 Credit
If you were eligible for the $8000 home buyer credit but could not or did not find a house in the alleged time (April 30, 2010) don’t be discouraged. Your realtor should be able to negotiate the price...
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Was the Homebuyer Tax Credit a Bad Deal?
Things are often more complicated than they seem. For example, an article I read today suggests that homebuyers who missed the federal homebuyer tax-credit deadline may actually save money. How’s that?...
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Lawmakers Consider Home Tax Credit Extension But…
…the proposal would only allow people who already have signed contracts to finish at the later date. The National Association of Realtors estimates that about 180,000 homebuyers who already signed...
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The Perfect Home Buying Situation
We are living in a time when the convergence of events has created the perfect home buying situation. Just when we all thought interest rates were headed upward the world market, most especially...
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You Might Qualify for Homebuyer Assistance
I wish there had been a resourceful Web site like TxHomePrograms.org when I was buying my first house. That was 15 years ago, though … not much real estate info on the Internet. TxHomePrograms.org is...
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House Extends Home Buyer Tax Credit Closing Deadline
The House of Representatives introduced and passed a proposal to extend the original June 30 closing deadline for home buyers who want to get up to $8,000 in tax credits. The Home Buyers Assistance Act...
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Housing Market Holds Its Own Even After The Tax Credit
The tax credit brought a lot of buyers out last fall and again this spring, which gave a real shot in the arm to real estate. While that heightened volume cannot be sustained, home sales and prices...
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Could Further Home Price Declines Lead To Another Stimulus?
The ongoing question… Will the Federal Government offer another home buyer tax credit to help stimulate the economy and why would they? First the “why would they” question. Housing has a huge...
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Home Buyer Tax Credit
I was recently reminded about the tax law regarding buyers who took advantage of the various home buyer tax credits that were offered in 2008-2010. The original “first time home buyer credit” was...
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Common Deductions Taxpayers Overlook
Every year, taxpayers leave money on the table. They don’t mean to, but as a result of oversight, they miss some great chances for federal income tax deductions. While the IRS has occasionally fixed...
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