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Senate Passes New Tax Credit For Home Buyers

Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. The Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House is scheduled to vote on the bill Thursday. Buyers who have...

8000 Tax Credit for First Time Home Buyers

The Federal Government had its citizens captivated with the anticipation of the Senate’s $15000 tax credit that was quickly rejected in committee.  This credit generously provided homebuyers – not just first-time homebuyers – with a tax credit of up to $15000. ...

15000 Tax Credit for Home Buyers

Clearly the federal government wants its citizens engaged in the housing market again.  As part of the original 2009 stimulus package, a 15000 tax credit for homebuyers is emerging as an incentive for those who are considering this investment. The $15000 tax credit...

7500 Tax Credit For First Time Home Buyers

Congress created the $7500 tax credit incentive to help first time home buyers get into a home and stimulate the housing market and economy. Their rationale is that it will help stabilize home prices and increase home sales. First time home buyers purchasing a home...