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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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02-05-2009, 10:19 AM
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#1 |
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Confirmed User
Join Date: Nov 2003
Location: 237 619 975
Posts: 8,944
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Whats the deal with the $15,000 tax incentive to buy a house?
The same AP story was on 3 big sites yesterday after this $15,000 tax incentive was announced. I looked for more detail... couldnt find any.
Why do I think it is much worse than it sounds? Did anyone here catch the details?
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02-05-2009, 03:03 PM
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#2 |
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Confirmed User
Join Date: Dec 2005
Posts: 162
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I'm wondering if it will apply to investment properties and not just first time primary residence...
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02-05-2009, 03:06 PM
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#3 |
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So Fucking Banananananas
Industry Role:
Join Date: Mar 2003
Location: If I was in your ass you'd know it
Posts: 12,991
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it would be much better to have a lower down payment option with the bank.
ive talked to a number of places and being "self employed" and a first time home buyer, im looking at at least 15% and to get a decent rate I need 20% down. if i would of made the move three years ago, I was looking for a condo in LA and I only had to put down like 3% I think the tax credit is for regular 9-5 joes to get some $$ back from their W2 at the end of the year.
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Email: Clicky on Me |
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