On Aug 3, 10:06 am, marklaw <mkal...@ameritech.net> wrote: ... Others view it as Congress messing with peoples' heads to induce them to buy houses they cannot afford, which is what started this whole housing mess in the first place. Time will tell. That's what it is. They let the economy run off and build up on a pyramid scheme, and when it came crashing down they're trying to lure
Last week Congress approved a tax "credit" of up to $7,500.00 for taxpayers purchasing homes who haven't owned a home in the last 3 years. You get a credit against your tax liability of up to 10%% of the purchase price of the home, up to a maximum of $7,500.00. If your tax liability is otherwise less than $7,500.00, you will get the difference in the form of a REFUND. The credit phases down
On Jun 17, 7:31 pm, fasgnadh <fasgn...@yahoo.com> wrote: "Home grants scheme blasted" - The Age 17/6/2008 "THE first home buyers' grant has forced house prices up in recent years, working against its aim of making new homes more affordable, a Senate inquiry has found." I must say.. I told you so. "Urging an overhaul of the scheme, the Senate Committee on Housing
http://news.yahoo.com/s/ap/20080414/ap_on_bi_ge/housing_crisis_ap_poll By ALAN FRAM, Associated Press Writer 49 minutes ago WASHINGTON - One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home's value is shrinking, according to a poll showing widespread stress from the nation's housing crisis. ADVERTISEMENT In an ominous
Not an unnatural reaction. But there will be some "bargains" out there. The IHT had an article today and the country really hit is Ireland. Actually the US looked in better shape than most of Europe. Here in Paris, the prices still rose in the last 3 months, some 5%% but they seem much too high. ***** More avoid buying homes By ALAN FRAM, Associated Press Writer WASHINGTON - A growing
