$8000 Tax Credit Still Available for Military
July 9, 2010 by Bob Schenkenberger · 3 Comments
[facebook_ilike] The Get Home Denver Team is pleased to publish this post written by VA expert James Kelley. Homebuilders in Denver, CO are very optimistic about the local economy. According to a recent Denver Post article, builders are buying vacant lots all over Denver with the intention of constructing new homes to meet predicted demand. [...]
Tax Credit Extension a Gamble?
September 18, 2009 by Bob Schenkenberger · Leave a Comment
Talk about extending the $8000 first time home buyer tax credit is heating up. With the December 1st deadline, quickly approaching, there is legislation in both the Senate and the House that would expand the tax credit.
A proposal by Sen. Johnny Isakson, R-Ga., would raise the credit amount to a maximum of $15,000 for any buyer, of any home, over the next year. Additionally, it would remove the income caps of $75,000 for individuals and $150,000 for couples, that currently apply.
CHFA Jumpstart Program
May 12, 2009 by Bob Schenkenberger · Leave a Comment
The Colorado Housing and Finance Authority (CHFA) recently unveiled a fabulous First Time Home Buyer program. The JumpStart Program is an initiative that will effectively utilize the $8000 Federal Tax Credit to the REAL BENEFIT of first time home buyer’s. The program offers buyers a 30 year fixed interest rate mortgage, and a $6000 second [...]
Tax Credit and the ARRA
March 24, 2009 by Bob Schenkenberger · Leave a Comment
I just got this email from US Senator Michael Bennet. Since it relates directly to the housing market, the local economy, and the $8000 tax credit for home purchases, I wanted to share it here. Dear Fellow Coloradan, We all know that the struggling economy has put enormous pressure on Colorado’s families and businesses. That’s [...]
Stimulating Opportunities In The Government’s New Economic Plan
February 23, 2009 by Bob Schenkenberger · Leave a Comment
The new economic stimulus package allocates $787 billion to boost our multi-trillion dollar economy. Here are some provisions individuals can take advantage of now. 1. Housing help. First time homebuyers can get up to an $8,000 tax credit if they close by November 30, 2009. This credit does NOT have to be paid back if [...]
Get You Some Tax Credit!
January 6, 2009 by Bob Schenkenberger · 1 Comment
Even before the historic 2008 election, the bailouts of AIG, the Banking Industry and the Auto Makers, there was a program in place to help stimulate home purchases. In fact, I wrote about it in August 2008. But, with the start of a New Year, I thought it wise to re-visit the program. The [...]