Posts Tagged ‘Tax credit’

Pending Expiration Of Tax Credit Causes Home Sales To Slow

According to an article in the Dallas Morning News, the Commerce Department reported that new home sales have dropped in September by 3.6 percent.  Some analysts expect that the drop off in sales is a result of potential homebuyers delaying their decision to buy a home due to the expiring tax credit which will end [...]

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Will the Federal Housing Tax Credit Increase Foreclosures?

The December 1st deadline for securing the $8,000 tax credit for buying a new home (if you’re a first-time buyer) is quickly approaching.  But is this program just a government sponsored no-money down scheme that could increase the number of foreclosures in the long-term?
According to an article in the Star-Telegram, the tax credit has already [...]

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Uncle Sam Offers Cash for Your “Clunker Appliances” — Caution Advised

The Star-Telegram has an interesting article about the energy efficient tax credits offered by the government, but some caution is advised. There’s already an energy star tax incentive offered by the federal government which you can find out about at www.energystar.gov; but now the U.S. Energy Department will distribute $300 million through state programs which [...]

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