UPDATE: View the final $8000 First Time Home Buyer Tax Credit
Since this seems to be all the rage, good or bad. I have put together some links that talk about the $15,000 home buyer tax credit that is working it’s way through congress. Whether you are looking for a home in Minneapolis, St. Paul, Minnesota… this may apply to you.
Associated Press
CNBC – Survey says most Americans support the $15,000 home buyer tax credit
Now this hasn’t passed yet and will update when it does. If you have any other good reads, post them in the comments below.
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FOR THOSE WHO BOUGHT IN JANUARY:
THE HOUSE PASSED THE BILL FOR A $7500 TAX CREDIT THAT DOESN’T NEED TO BE REPAID AND IS AFFECTIVE FOR PURCHASES OF HOMES AFTER 01/01/09.
THE SENATE CHANGED IT TO A $15,000 TAX CREDIT BUT IT IS ONLY AFFECTIVE FOR PEOPLE WHO PURCHASES AFTER IT’S SIGNED.
IF THE SENATE PASSES THERE’S TODAY, THEN THERE WILL BE A MEETING BETWEEN MEMBERS OF THE SENATE AND MEMBERS OF THE HOUSE TO WORK OUT THE DIFFERENCES BETWEEN THE 2 BILLS.
I BOUGHT IN JANUARY SO I OBVIOUSLY WANT THE $15,000 TAX CREDIT THE SENATE PROPOSED BUT WITH THE START DATE THE HOUSE PROPOSED.
YOU NEED TO MAKE YOUR VOICE HEARD AND CONTACT YOUR SENATORS AND HOUSE REPRESENTATIVE. THIS IS AMERICA SO YOUR VOICE IS YOUR POWER. E-MAIL THEM OR CALL THEM. HERE IS A CONVENIENT NUMBER. CALL AND ENTER YOU ZIP CODE AND IT WILL GET YOU IN CONTACT WITH ALL OF YOUR CONGRESSMEN. DECISIONS ARE BEING MADE, DO IT NOW. 1-866-924-NAHB (6242)
@Chris
Thanks for sharing the direct line to grab your local congressional representative. It would be nice to see this $15,000 home buyer tax credit be retroactive to the $7,500 credit that was offered up last year.