Comments on: First Time Home Buyer Tax Credit Extension; Will It Help the Housing Market http://www.subprimeblogger.com/2009/11/10/first-time-home-buyer-tax-credit-extension-will-it-help-the-housing-market/ Your Mortgage News Source Thu, 18 Mar 2010 03:00:23 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Dennis Norman http://www.subprimeblogger.com/2009/11/10/first-time-home-buyer-tax-credit-extension-will-it-help-the-housing-market/comment-page-1/#comment-16281 Dennis Norman Thu, 12 Nov 2009 17:03:44 +0000 http://www.subprimeblogger.com/?p=5768#comment-16281 I did a post on the tax credits last week with several updates following the legislation through passage...there were a couple of hundred comments with some good questions and answers on the credits...it's worth reading through the comments if you have questions on the homebuyer tax credit...the post and comments are at: http://realestateconsumernews.com/financing/home-buyer-tax-credit-extension-update-house-passes-bill-on-to-president-for-approval/ I did a post on the tax credits last week with several updates following the legislation through passage…there were a couple of hundred comments with some good questions and answers on the credits…it’s worth reading through the comments if you have questions on the homebuyer tax credit…the post and comments are at:

http://realestateconsumernews.com/financing/home-buyer-tax-credit-extension-update-house-passes-bill-on-to-president-for-approval/

]]> By: Mike C http://www.subprimeblogger.com/2009/11/10/first-time-home-buyer-tax-credit-extension-will-it-help-the-housing-market/comment-page-1/#comment-16280 Mike C Thu, 12 Nov 2009 16:35:28 +0000 http://www.subprimeblogger.com/?p=5768#comment-16280 Matt, According to the WSJ, (link above) it is unclear but they believe as long as you make the new home your promary residence, you should be eligible. I just "traded up" in July, but since that part it isn't retroactive, I don't get anything. I hope they re-visit that part of the extension, why retro part but not all of the bill? GL to you. Matt,

According to the WSJ, (link above) it is unclear but they believe as long as you make the new home your promary residence, you should be eligible.

I just “traded up” in July, but since that part it isn’t retroactive, I don’t get anything. I hope they re-visit that part of the extension, why retro part but not all of the bill?

GL to you.

]]> By: Matthew Casey http://www.subprimeblogger.com/2009/11/10/first-time-home-buyer-tax-credit-extension-will-it-help-the-housing-market/comment-page-1/#comment-16261 Matthew Casey Wed, 11 Nov 2009 20:53:12 +0000 http://www.subprimeblogger.com/?p=5768#comment-16261 Do you have to sell your existing home to qualify for the $6500 credit or can you just purchase a new primary residence? Do you have to sell your existing home to qualify for the $6500 credit or can you just purchase a new primary residence?

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