Jan. 20 Obama is sworn in as the 44th President of the United States. In his inauguration address, he tells Americans that “the state of our economy calls for action: bold and swift.â Feb. 6 The.
NEW YORK (CNNMoney.com) — President Obama signed an extension and expansion of the first-time homebuyers tax credit on Friday. The $8,000 credit was scheduled to lapse on Dec. 1 but will now be in effect through the end of June. Homebuyers must sign a contract before April 30 and close by June 30.
Obama Set to Sign Extension, Expansion of Home Buyer Tax Credit With the nation’s unemployment rate busting through the 10% mark in October, President Obama Friday was set to sign legislation that would extend the $8,000 first time home buyer tax credit and give additional tax breaks to certain home owners trading up.
And unfortunately Congress and successive administrations appear all too willing to recreate the very conditions that led to the disaster. President Obama today signed a $24 billion economic stimulus bill one of whose main features is an extension and expansion of a "temporary" first-time homebuyer tax credit worth up to $8,000 per household.
Obama signs the First Time home buyer extension.. a collective sigh of relief.. the stimulus bill will extend the 8,000 dollar tax credit to First time home buyers from the current deadline of November 30. until May 1, 2010.. Mostly I am happy that the extension happened for the people.
MERS wins big once more in Federal Court of Appeals MERS wins big once more in Federal Court of Appeals.. For the third time in the last few weeks, MERSCORP Holdings secured a victory in a Federal Court of Appeals, which upheld MERS’ mortgage.Next major issue lenders need to tackle: Cybersecurity NS3 Live: Lenders, regulators tackle top issues . 0 comments. Conference Coverage, industry news.. gottheim looked into the future as to how the title industry will look in the next five years.. Bode stressed lenders need to view eClosings with "open arms" and an open mind.
Isakson, a former real estate agent, wants to extend the $8,000 tax credit through June and expand it to anyone buying a primary residence, not just first-time buyers. His proposal would also raise.
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Home Buyer Tax Credit Expansion Heads to Obama. It gives up to $8000 for first time buyers (defined as not having owned a home for the past three years) and up to a $6500 credit to move-up buyers who have owned and occupied their current homes for at least five years. Again, you have to be an owner occupant of this primary residence,
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It’s hard not to laugh when viewing the results of the federal first-time home-buyer tax credit. The credit, worth up to $8,000 for the purchase of a home, has only been available since April of.