Comments on: How the New First Time Home Buyer Tax Credit Works

By: Chuck Marunde

Chuck Marunde — Tue, 06 Jan 2009 08:32:59 +0000

Good point Christy. In fact, in turns out that very few people are taking advantage of this program according to a recent article in the Seattle Times. People are finding the program has too many conditions, and you have to pay back the money anyway. Leave it up to our government, or our politicians, to come up with what they think are really great ideas when the ideas are actually nothing more than bureaucratic nonsense. Or to put it another way, the government is saying, “We’re here to help you, and we will give you lots of money, but then you have to give it back. Aren’t we nice?”

By: Christy Woods

Christy Woods — Tue, 06 Jan 2009 04:46:08 +0000

What about the people that brought there house in January 2008 I feel that it is unfair because I am a single panrent and once brought my house my job went down and I have been fighting to keep the house and this credit would have put me back where I was and now they are saying from April 2008. I feel that it should start at the being of the year!

By: California Home Loan Purchase Credit

California Home Loan Purchase Credit — Wed, 31 Dec 2008 08:35:19 +0000

Good article, and thanks for your blog. I am a regular reader, so please keep posting.

By: First Time Homebuyer

First Time Homebuyer — Thu, 09 Oct 2008 02:16:45 +0000

This is perfect timing, I just closed on my house at the end of September. Loan or not, still glad to have it!