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Homebuyer Tax Credits

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June 26, 2010

KB Home 2nd

Send by The Associated Press
Low mortgage interest rates and homebuyer tax credits helped support sales and home orders for KB and other builders this spring. But the tax credits [...]

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June 26, 2010

Inmates Booked $9.1M In Homebuyer Tax Credits

Send by Tribune
Another report is out looking at fraudulent activity related to the homebuyer tax credit and this one's got [...]

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June 25, 2010

Republicans Kill Senate Jobless Aid Measure

Posted by Hellen Popovich
Republicans on Thursday defeated Democrats' showcase election-year jobs bill, including an extension of weekly unemployment benefits for millions of people out of work more than six months. The 57-41 vote fell three votes short of the 60 required to crack a GOP filibuster, delivering a major blow to [...]

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June 25, 2010

Real Estate Matters: Senate Takes Action On Deadline For Home ...

Send by Daily Hampshire Gazette
The Senate this week voted 60 to 37 to extend the deadline by which buyers have to close on a new home to qualify for the home-buyer tax credits. Under the current law, those with signed, valid contracts to buy a home are required to [...]

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June 25, 2010

Title Group Calls For Support Of Homebuyer Tax Credit Extension ...

Send by mortgagebroker
The American Land Title Association is calling on its members to contact their elected officials in Washington to support an extension of the June 30 closing. [...]
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June 25, 2010

Homebuyer Tax Credit Fraud Hits $27M - Tax - Law And Daily Life

Send by Tanya Roth
The first bad news: new-home sales plunged last month by 33 percent to the lowest level on record, thanks to the ending of the first-time homebuyer tax credit. Which brings us to the second bit of bad news. In a report out June 23, [...]

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June 25, 2010

Nearly $30 Million Stolen From Homebuyer Credit 4 Mainstreet

Send by 4mainstreet
Assistant Treasury Secretary Michael Mundaca said that, despite its problems, the homebuyer tax credit helped to spur more than 2.5 million new home purchases and helped to stabilize the housing market. [...]

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June 25, 2010

Hundreds In 'big House' Get Homebuyer Tax Credits

Posted by Hellen Popovich
(06-23) 12:18 PDT WASHINGTON (AP) -- Living in prison didn't stop nearly 1,300 inmates from cashing in on a popular tax break for first-time homebuyers, a government investigator [...]

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June 25, 2010

Home Buyer Tax Credit: Fraud, Errors Persist (U.S. News & World ...

Posted by Hellen Popovich
Home Buyer Tax Credit: Fraud, Errors Persist (US News & World Report) - business -US News & World Report - Even though the Internal Revenue Service beefed up its controls, Uncle Sam has forked over millions of dollars for erroneous [...]

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June 25, 2010

Bounding The Price Impact Of The New Home Buyer Credit

Send by Casey B. Mulligan
Bounding the Price Impact of the New Home Buyer Credit The IRS says that $19 billion of tax credits have been paid. Assume, for the moment, that: The credit was well targeted in the sense that (as NAR claims) it reached 1000000 persons [...]

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June 25, 2010

The End Of The Home Buyer Tax Credit | U.S. Home Ownership Rates

Posted by Hellen Popovich
in this act, the ?first time home buyer tax credit? of $8000 was extended until April of 2010 (1). The end of these important tax credits combined with the weak balance sheets of many of the nation's banks, along with high unemployment, [...]

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June 25, 2010

Nearly $30 Million Stolen From Homebuyer Credit: Report

Posted by Hellen Popovich
Aaron Smith, staff writer, On Wednesday June 23, 2010, 2:03 pm EDT More than 1,200 prison inmates, including 241 serving life sentences, defrauded the government of $9.1 million in tax credits reserved for first-time homebuyers, according to a Treasury Department report released Wednesday. Treasury? [...]

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June 25, 2010

Home Sales Business Declined In Us-Government Tax Credits Is Main ...

Send by Dhondup Phuntsok
General News - April, home, homebuyer tax credit, rate, sales pace, wells fargo-Home Sales Business Declined In Us-Government Tax Credits Is Main Reason-Related Posts: India Car Sale Report March 2010 : BMW India Has Reported Very [...]

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