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Home Buyer Tax Credit Toned Down to $8000

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OBAMA'S STIMULUS PLAN back to topic

Home Buyer Tax Credit Toned Down to $8000

While not stripped out of the stimulus, the home buyer tax credit has been nearly cut in half from its earlier incarnation.

ericbramlett.com. Added by Eric Bramlett on February 12, 2009

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Reactions to Home Buyer Tax Credit Toned Down to $8000

Kevin Koitz saved this article 1195 days ago

Charles Richey saved this article 1195 days ago

Robert Masse shared a reaction in Obama's Stimulus Plan 1197 days ago

“The "No payback" is the only thing that makes this attractive now”

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Irina Netchaev saved this article 1199 days ago

Irina Netchaev shared a reaction in Obama's Stimulus Plan 1199 days ago

“Eric,$8,000 with no payback is much simpler to administer and will provide a nice incentive to first time home buyers!”

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Bobby Carroll shared a reaction in Obama's Stimulus Plan 1199 days ago

“I'm trying understand how this "stimulus" package will help our economy. Looks more like a govt growth package to me.”

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Dennis :Pease shared a reaction in Obama's Stimulus Plan 1200 days ago

“Nearly 800 billion dollar stimulus package and this is the best they can come up with for the housing market?”

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Dennis :Pease saved this article 1200 days ago

Kevin Tomlinson saved this article 1200 days ago

Cal Carter saved this article 1200 days ago

Ann Cummings shared a reaction in Obama's Stimulus Plan 1200 days ago

“I'm disappointed the tax credit has been cut & looking like only available for 1st time buyers-supposed to stimulate”

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Ann Cummings saved this article 1200 days ago

Jay Valento shared a reaction in Obama's Stimulus Plan 1200 days ago

“I think $8000 will be an additional incentive for home buyers to purchase a home. I look to see how this works.”

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Jay Valento saved this article 1200 days ago

Joshua Ferris saved this article 1201 days ago

Eric Bramlett saved this article 1201 days ago

Lou Lynch saved this article 1201 days ago

Ashley Drake Gephart saved this article 1201 days ago

Kristal Kraft shared a reaction in Obama's Stimulus Plan 1201 days ago

“It's nice first time home buyers can get a break and not have to pay it back.”

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Ann Cummings shared a reaction in Obama's Stimulus Plan 1201 days ago

“A 'news flash' from Inman-credit was cut to $8,000 & limited to first time homebuyers. http://tinyurl.com/b8zfze”

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Charles Richey shared a reaction in Obama's Stimulus Plan 1201 days ago

“Better a true credit than something that has to be paid back down the road.”

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Dustin Luther shared a reaction in Obama's Stimulus Plan 1201 days ago

“Interesting... I've heard that it not only got cut in half, but they scaled back on who is allowed to participate.”

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Joshua Ferris shared a reaction in Obama's Stimulus Plan 1201 days ago

“Agreed. This is better than no tax credit at all.”

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Braxton Beyer shared a reaction in Obama's Stimulus Plan 1201 days ago

“At least they didn't take it completely out.”

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Cal Carter shared a reaction in Obama's Stimulus Plan 1201 days ago

“Thanks for the update Eric! As always you are on the leading edge disbursing timely information.”

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Chris Johnson (LION) shared a reaction in Obama's Stimulus Plan 1201 days ago

“I'm all for lower taxes in any forme, not so much a fan of social engineering though.”

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Terry Richards shared a reaction in Obama's Stimulus Plan 1201 days ago

“Well, this is good news that they didn't entirely remove the tax credit.”

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Eric Bramlett shared a reaction in Obama's Stimulus Plan 1201 days ago

“This tax credit will not be repaid. That's the major improvement over the $7500 credit from August 2008.”

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brandon laghridge shared a reaction in Obama's Stimulus Plan 1201 days ago

“Like you say, a 0% loan is nice but a lot of people forgot it was still a loan. This could really prime the RE pump.”

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Wayne Long shared a reaction in Obama's Stimulus Plan 1201 days ago

“Wow! Cut in half? @ Ryan - good question - whether it is a tax credit or loan.”

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Lou Lynch shared a reaction in Obama's Stimulus Plan 1201 days ago

“4% + 8k is definitely the better package, but does it create the intended stimulus? I have to look closer look.”

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Ryan Ward shared a reaction in Obama's Stimulus Plan 1201 days ago

“Do you know if this will remain a loan or will it be a full on tax credit?”

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Eric Bramlett shared a reaction in Obama's Stimulus Plan 1201 days ago

“Didn't see that, but I hope it's the case. Personally, I would prefer $8k + 4% over the original $15k.”

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Kevin Tomlinson shared a reaction in Obama's Stimulus Plan 1201 days ago

“Eric, Interesting to see this evolve. I was reading that the stimulus contained a provision for 4% mortgages??”

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Home Buyer Tax Credit Toned Down to $8000

Reactions to Home Buyer Tax Credit Toned Down to $8000

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