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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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8k Tax Credit
Does anyone know if they extended it? I think you had to close by Dec 1 to be eligible right?
Can someone send me the link.....
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Posted 7/9/09 10:33 AM  |
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Nifheim
allo
Member since 1/09 5476 total posts
Name:
Jennifer
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Re: 8k Tax Credit
i am sure you must close by Dec 1st.
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| Posted 7/9/09 10:46 AM |
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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Re: 8k Tax Credit
that is what i thought....
i was hoping they would extend it just for me 
we *might* do the short sale thing again  but if we get it there is a chance we won't close in time to get the credit 
i feel like       
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| Posted 7/9/09 10:56 AM |
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Cpt2007
A new love!
Member since 1/08 5946 total posts
Name:
Liz
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Re: 8k Tax Credit
Link to the program specs.
There is quite a bit of talk in Congress right now about extending it and lifting the $150k income limit for couples since in most metropolitan areas, you need to be making more than that combined to even aford a house. It hasn't happened yet, but wouldn't be surprised if it gets extended.
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| Posted 7/9/09 10:59 AM |
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Nik211
my little monkey<3
Member since 5/08 3303 total posts
Name:
Nik
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Re: 8k Tax Credit
Posted by Cpt2007
Link to the program specs.
There is quite a bit of talk in Congress right now about extending it and lifting the $150k income limit for couples since in most metropolitan areas, you need to be making more than that combined to even aford a house. It hasn't happened yet, but wouldn't be surprised if it gets extended.
interesting...and thanks for the link!!
never in a million years did i think DH and I would have this kind of luck with house hunting - we actually laugh about it....
we found a house we like - same house as the first short sale that didnt work out for us......this one also has two mortgages but they are both with countrywide - supposedly they are one of the slowest with short sales but there is a good chance we'll get it - just a matter of waiting....broker told us 60-120 days for an answer is typical - 120 days would put us into November with a December closing which would mean no tax credit
we are trying to figure out if we should go for it or not.....we put offers on so many other houses that weren't short sales and have no luck....
its crazy!
Message edited 7/9/2009 11:11:12 AM.
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| Posted 7/9/09 11:10 AM |
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Nifheim
allo
Member since 1/09 5476 total posts
Name:
Jennifer
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Re: 8k Tax Credit
WOW if we were making 150K combined i can't even imagine - sigh stinks being low paid
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| Posted 7/9/09 12:34 PM |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: 8k Tax Credit
just a suggestion, but when you put your offer in maybe you should put that you must close prior to dec 1, or the house will be 5k less
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| Posted 7/10/09 7:31 PM |
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