Tag Archives: tax credit

The $8,000 Tax Credit – What’s the True Cost?

Part 1 of 2.

The $8,000 Tax Credit has helped a few of my clients this year, but I’d argue that most of them would have been buying anyway – regardless of whether the government was offering free money.

Is it time to let this credit expire? Already I have spoken to folks who are looking to buy homes in Charlottesville who are concerned that:

1 – The $8,000 tax credit will expire on November 30, 2009 and they won’t be able to get the credit.

2 – The tax credit won’t expire and they will have rushed … Continue reading…

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First Time Homebuyer Tax Credit – 2009

Thanks to the NAR : God help me, I hope something passes – anything that can be done to remove uncertainty from the market will be welcomed.

In short, if you were a first time homebuyer after 9 April, 2009, you may have a tax credit to claim. Continue reading

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