Comments on: Home Buyers Tax Credit: Extended, Expanded

By: Wayne Pruner

Wayne Pruner — Sat, 09 Jan 2010 06:49:51 +0000

I’m calling this the “Winter Tax Credit”. I fBuyers wait untill Spring to start looking, it will be too late.

By: Ben Kakimoto

Ben Kakimoto — Tue, 15 Dec 2009 21:19:10 +0000

@Interested – yes, the new tax credit criteria would apply.

By: Interested

Interested — Tue, 15 Dec 2009 20:08:57 +0000

What if you put in contract in mid-Nov, and close in Jan? Does that mean that the new credit can be applied?

By: Apartment Rentals Hayward

Apartment Rentals Hayward — Mon, 14 Dec 2009 06:37:35 +0000

I still can’t decide if this is a good idea or not. On the surface it seems great, but could we be getting your homeowners that don’t know what they are doing when it comes to loans, and those who may have unsteady income. If this is the case we could just start repeating the process that got us into this mess in the first place.

By: Alan Barker

Alan Barker — Tue, 08 Dec 2009 06:46:47 +0000

It’s kind of interesting, but in my area we’re actually seeing a lot more listings right now. Home Owners that want to take advantage of the extended tax credit now need to sell… Not sure if this is what we need right now, more home son the market….

By: Richard Stabile Bergen County Real Estate

Richard Stabile Bergen County Real Estate — Tue, 24 Nov 2009 03:31:04 +0000

The credit is great, however in our market in Bergen County New Jersey; we are high end and need jumbo’s. They are available, but without securitizing it is still much harder than conventional or FHA. With government owning Fannie and Freddie it is government back all the way. Except Jumbo’s are not in that league.
If there were jumbo’s as easily gotten as the gov backed loans we would be rolling in the upper markets.

By: Ashlee

Ashlee — Mon, 23 Nov 2009 02:35:36 +0000

Since the announcemnt of the extension of the tax credit, I have seen an influx of potential buyers come to the table! Hopefully it keeps up!

By: Sam Dodd

Sam Dodd — Sat, 21 Nov 2009 16:04:03 +0000

This is some of the biggest news we have had and I dont think the general public even knows. It is up to Realtors like us with blogs like ours to get the news out. YOU DONT HAVE TO BE A FIRST TIME HOME BUYER TO GET THE NEW CREDIT! Anyways thanks for helping get the word out.