Comments on: $8,000 Tax Credit for Home Buyers | Economic Stimulus Plan Is Law

By: Recent Mortgage Plan Unveiling

Recent Mortgage Plan Unveiling — Tue, 10 Nov 2009 18:30:49 +0000

[...] more: $8k Tax Credit for First Time Homb Buyers Click here to find out more! Fannie Mae to Allow Borrowers in Foreclosure to Lease Back Homes Loan [...]

By: Barry @ D Rex Interactive Dinosaur

Barry @ D Rex Interactive Dinosaur — Tue, 10 Nov 2009 06:57:53 +0000

Similar economic stimulus plans seem to be spreading now – In both New Zealand and Australia similar strategies have been put in place and are getting great results.
Barry @ D Rex Interactive Dinosaur´s last blog ..D Rex Interactive Pet Dino

By: Michael@Christchurch Motels

Michael@Christchurch Motels — Sun, 08 Nov 2009 10:37:54 +0000

These packages are highly essential for situations prevailing across the world. But the current unemployment rate might be intimidating and is actually forcing the Obama administration to launch another stimulus package.

By: Homes Sales: Tax Credit Gets "Credit" for an Increase in Home Sales

Homes Sales: Tax Credit Gets "Credit" for an Increase in Home Sales — Mon, 26 Oct 2009 21:22:10 +0000

[...] in the industry attribute the increase in sales and the subsequent decrease in inventory to an $8,000 tax credit for first-time home buyers, and they fear that if the credit ends, the market won’t have as strong as a recovery. I [...]

By: Charles

Charles — Sun, 25 Oct 2009 00:40:41 +0000

These tax credits are fantastic. They make systems like geothermal systems affordable for people.

By: $8000 Home Buyer Tax Credit, Let it Expire

$8000 Home Buyer Tax Credit, Let it Expire — Fri, 23 Oct 2009 22:58:54 +0000

[...] $8,000 tax credit ends December 1st 2009, I say let it die. In my opinion, the tax credit is short-term, and it does [...]

By: Girish@Car Rental Auckland

Girish@Car Rental Auckland — Thu, 22 Oct 2009 12:00:55 +0000

I recently stumbled across an article which stated that according to the white house report, the economic stimulus plan has saved over 250,000 jobs. I dont know how far the numbers are true and I didnt check for the credibility of the article too. But I pray that let it be true and more of the same to happen. I am from NZ and as far as we are concerned we were not hit that high but the downtrend was a potential setback to us.
Girish@Car Rental Auckland´s last blog ..Rugby World Cup Car Rentals

By: Dinosaur Toys

Dinosaur Toys — Wed, 21 Oct 2009 15:17:45 +0000

Well, I think for USA, where there is a relatively high number of abandoned/empty houses, this tax credit will have a positive impact. Will it help fight the recession? Doubt that; not enough people would qualify as first time buyers.

By: Atanas @London Floor Sanding

Atanas @London Floor Sanding — Wed, 21 Oct 2009 05:27:28 +0000

Finally, some of the stimulus money going to actual stimulus.

I don’t understand you commentators who see this as a bad thing or a handout. Do you prefer giving billions to already rich bankers and investment companies? Obviously you missed the recent news reports about how the major investment companies (JP Morgan et al.) are taking interest free loans from the government and investing the money in T-bills for a 3% annual return. Can you believe it? They are borrowing money from the government and then loaning it back to the very same treasury but at 3% interest rate! These are the people you’d rather we were loaning money to? Frankly I’d rather see a homeless family with a crappy credit rating default on $8,000 rather then handing it to a millionaire (or billionaire) broker on a silver platter.

By: Bank Home Foreclosures

Bank Home Foreclosures — Mon, 19 Oct 2009 21:02:12 +0000

Count me in the camp that think extending the Tax Credit is a bad idea for this country. Obama is quickly becoming the biggest spender in our nation’s history. I am all for stimulating our economy but not at the expense of future generations.
Bank Home Foreclosures´s last blog ..Finding Foreclosures – What To Look For