Comments on: First Time Home Buyer Tax Credit Update

By: gail@cheaphomedecoratingideas

gail@cheaphomedecoratingideas — Tue, 16 Feb 2010 14:11:49 +0000

i don’t really understand the way they hand out these loans. I have seen numerous first time homeowners but homes they could not afford and default before the second years taxes were due. I think that going back to making people have a larger down payment and having something invested in the properties will greatly cut down on foreclosures. Just my 2cents worth.

By: Caitlin Nelson@Self Storage

Caitlin Nelson@Self Storage — Wed, 03 Feb 2010 14:52:58 +0000

The stimulus for primary residence movers is a much fairer idea than only offering the credit to first home buyers, I believe. People don’t tend to stay in the same place their entire lives anymore – there is constant moving going on. Unfortunately, many first-home buyers don’t even find that their property appreciates before they move. Sounds like a great policy

By: David

David — Wed, 18 Nov 2009 20:08:28 +0000

Logically the bigger the total value market the more important it is. So it is nice to hear that the real estate market is getting an update.

Also seeing as the situation is very similar in every country, getting your first apartment or house is very hard.

By: Architects Leicester

Architects Leicester — Tue, 17 Nov 2009 12:15:01 +0000

Wow. You get tax credits for first time buyers. I wish we got that in the UK, my daughter is looking to buy her first home and it is costing me a pretty penny! That said, we do get free health care, so I suppose it balances out.

By: Apartment Rentals Hayward

Apartment Rentals Hayward — Sun, 15 Nov 2009 07:59:24 +0000

I don’t like this idea in general because it just perpetuates bad loans and owners that will probably default. However, I like the caps and limitations that they have put on this initiative. Thanks for sharing this info.

By: Owner Builder

Owner Builder — Sat, 14 Nov 2009 07:26:20 +0000

Ive heard about a $15,000 tax credit next year, wouldnt that help

By: Lisa Udy@Real Estate Cache Valley Utah

Lisa Udy@Real Estate Cache Valley Utah — Thu, 12 Nov 2009 18:30:54 +0000

I wish they would have upped the credit for existing home owners. I just don’t think $6500 is enough to entice people to get into the market. Great insightful post however, thanks!
Lisa Udy@Real Estate Cache Valley Utah´s last blog ..Tax Credits For Energy Effecient Home Projects

By: Html to Image

Html to Image — Thu, 12 Nov 2009 05:17:56 +0000

Here in singapore it is very hot market now. the interest rates are very less and property market is going rocket high, it may happen to singapore also. who knows?
Html to Image´s last blog ..Asp .Net FileUpload and Image Handler

By: Salvia Extracts

Salvia Extracts — Thu, 12 Nov 2009 00:53:32 +0000

Not as good as I expected for me. I could do it since I’m a first buyer, but I’ll wait a couple of months to make my decision, December spending is pretty close.

By: Alex Aguilar @ San Diego Real Estate

Alex Aguilar @ San Diego Real Estate — Tue, 10 Nov 2009 19:51:07 +0000

Thank you to everyone and all of the newcomers! Please continue to participate in our real estate discussions.