Comments on: Revisiting the $7,500 First Time Home Buyer Credit

By: Mr. Loan Modification

Mr. Loan Modification — Mon, 09 Nov 2009 15:49:06 +0000

Point very well taken: a recession can be used to one’s advantage especially in real estate.

Thanks,
Mr. LM

By: Mortgage loan modification advice

Mortgage loan modification advice — Wed, 28 Oct 2009 14:29:22 +0000

It can be a great help for many first home buyers. $7.500 is not a little amount.

By: Loan Modification

Loan Modification — Tue, 27 Oct 2009 19:54:28 +0000

Okay this is all fine & dandy, but what about people who have already defaulted on their credit?

By: mortgage modification

mortgage modification — Sat, 18 Jul 2009 06:32:04 +0000

Does this thing work?
Did somebody try it on already?
It is advised to have an attorney who can help you renegotiate the terms of your mortgage. They can significantly lower your monthly payments.

By: Mortgage Loan Modification Expert

Mortgage Loan Modification Expert — Thu, 18 Jun 2009 17:11:12 +0000

I am glad that the Federal government is giving a hand to first time buyers. I lost my house 2 and a half years ago. I still have to wait a few months to be eligible.

By: Lane Bailey

Lane Bailey — Thu, 12 Feb 2009 03:17:52 +0000

Brandy,
you should check with your accountant, but you should be able to file an amended return. Of course, time is limited to be able to get everything done.

Even if you aren’t able to take advantage of it for TY2008, you can still do it on the TY2009 return.

By: Brandy Knauss

Brandy Knauss — Thu, 12 Feb 2009 03:10:15 +0000

i already filed my taxes for 2008, but i am now looking for a home to buy and my morgage broker told me about the fthb credit but wasn’t sure if i could get it now since i filed me 2008 taxes. would i dtill be eligible for the fthb credit?

By: Swimming against the tide… | Garage with a Detached Home

Swimming against the tide… | Garage with a Detached Home — Fri, 30 Jan 2009 17:21:15 +0000

[...] there is a $7,500 First Time Home Buyers Tax Credit (FTHB Tax Credit) that requires repayment without interest over a 15 year period. I would venure [...]

By: loan modification addict

loan modification addict — Wed, 28 Jan 2009 22:51:01 +0000

how is this different from the first time home buyers grant?

By: My prediction for 2009… | Garage with a Detached Home

My prediction for 2009… | Garage with a Detached Home — Thu, 01 Jan 2009 02:51:41 +0000

[...] think there is a good chance that the $7500 First Time Home Buyer Tax Credit will be extended… and forgiven. I’m not positive on this one, but I know that there [...]