$8,000 Tax Credit Extension and Expansion Details
$8,000 tax credit extension and expansion details as of October 29, 2009. Here are the details of the proposed amendment to extend and expand the $8,000 first-time home buyer tax credit.
By Ilyce Glink| 2009-10-29T10:53:21-05:00 October 29th, 2009|
$8,000 tax credit extension and expansion details as of October 29, 2009. Here are the details of the proposed amendment to extend and expand the $8,000 first-time home buyer tax credit.
By Ilyce Glink| 2009-10-29T10:45:37-05:00 October 29th, 2009|
$8,000 Tax Credit: Administration Calls on Congress To Pass $8,000 Tax Credit And Other Pro-Housing Measures. The White House supports three pro-housing measures including the extension and expansion of the $8,000 tax credit, continuing an expansion of the loan limits, and support for the Housing Trust Fund. These pro-housing measures were announced by Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan at a press conference Thursday morning.
By Ilyce Glink| 2009-10-25T13:00:00-05:00 October 25th, 2009|
Today on the Ilyce Glink Show, Ilyce rehashes the How to Profit from Foreclosure event in Atlanta yesterday, and gives tips from the experts like how to build your investing team and make sure your team can work well together. If you missed the event, visit the Think Glink Store for the eBooks the the best advice from the experts and the podcast of the full event. Ilyce also took questions from callers and gave advice to a recent widow who is wondering how to sell her home as a FSBO. Another caller wants to know how to set up a partnership agreement between unmarried partners, and another caller wonders how the $8,000 tax credit will affect her decision to move back into her rental property.
By Ilyce Glink| 2009-10-22T16:48:35-05:00 October 22nd, 2009|
Mortgage borrowers are scrambling for answers as their funds have been frozen; What do you do if you receive letters from two different mortgage servicing companies claiming that each one of them is going to service your Taylor Bean and Whitaker loan? We've received an update and past court documents from the United States Bankruptcy court detailing Taylor, Bean Whitaker trouble.
By Ilyce Glink| 2009-10-21T20:00:00-05:00 October 21st, 2009|
Today Ilyce Glink guest hosted the Herman Cain Show on WSB Radio. She discussed the latest economic news and took questions from caller. Craig called to say he's a small business owner who has lost 35 percent of his business and laid off 7 of 15 workers. He's disgusted by the laws being enacted, and all of the new taxes. Henry called to say he has a problem with the whole idea that we're just walking all over the contract process. Ilyce said that in bankruptcy court, a judge could gut the contract and it's hard to argue these companies (like AIG) aren't bankrupt - still. Listen to the podcast here for more caller responses and check out Ilyce's blog.
By Ilyce Glink| 2009-10-21T18:01:17-05:00 October 21st, 2009|
Herman Cain Show Notes - October 21, 2009 Ilyce fills in for Herman Cain tonight. She offered listeners a 25% discount off of tickets to the HOW TO PROFIT FROM FORECLOSURES EVENT.
By Ilyce Glink| 2009-10-21T09:40:48-05:00 October 21st, 2009|
Millions of Americans have applied with their banks to obtain a loan modification. They desperately need loan modification help. The loan modification process is taking an extremely long time. Now homeowners want to know how they can get a loan modification -- whether under the Obama Making Home Affordable Plan or not -- and why the lenders are slow to provide loan modifications. A new study is revealing some answers.
By Ilyce Glink| 2009-10-21T09:11:05-05:00 October 21st, 2009|
The first time home buyer has all kinds of restrictions: income, how long you must live in the home, how long you couldn't have owned a home and who can sell you the home. There are even restrictions on whether you can qualify for the $8,000 first time home buyer tax credit if you plan to rent the home or receive the home by inheriting it.
By Ilyce Glink| 2009-10-21T09:10:28-05:00 October 21st, 2009|
The first time home buyer has restrictions on income. The first time home buyer tax credit requires you to live in the home for 3 years. Also, you can't have owned a home for the last 36 months. In addition, the first time home buyer tax credit has restrictions on who can sell you the home. There are even restrictions on whether you can qualify for the $8,000 first time home buyer tax credit if you live abroad and want to buy a home and rent it. But really. If you plan on renting the home, you won't be a first time home buyer making use of the home as your primary residence.
By Ilyce Glink| 2009-10-21T09:09:39-05:00 October 21st, 2009|
The first time home buyer has restrictions on income. The first time home buyer tax credit requires you to live in the home for 3 years. Also, you can't have owned a home for the last 36 months. In addition, the first time home buyer tax credit has restrictions on who can sell you the home. If you are buying a home from a close relative, you won't qualify for the tax credit. But what if you inherit the home?