Comments on: Power Breakfast: Senate OKs unemployment extension and home-buyer credit, major toll projects, CNN, Toyota, Intel

By: Power Breakfast: Senate Oks Unemployment Extension and Home-Buyer … – Beetlejuice Costume for Halloween

Sun, 22 Nov 2009 06:40:46 +0000

[...] If they knew how to work together, this bill would have passed this bill a month ago at the first call for unanimous consent ! Clyde, I understand your reluctance to finance the subsidize of a home, but the tax credit really accomplishes …This Post [...]

By: Cambridge Building Materials Supplies

Cambridge Building Materials Supplies — Thu, 12 Nov 2009 09:15:37 +0000

Power Breakfast: Senate OKs unemployment extension and home-buyer credit, major toll projects, CNN, Toyota, Intel

Thanks for sharing

By: Sue Rosen

Sue Rosen — Tue, 10 Nov 2009 20:27:28 +0000

Re:
Existing Homeowner Credit:
I purchased a home in March 2009, I had lived in my prior home for 10 years and I’m within the income limits.
Did I miss the boat or is this retroactive to the first bill?
Also, it was a 2nd home, does that count?
Sue

By: Dennis Norman

Dennis Norman — Fri, 06 Nov 2009 15:31:42 +0000

Tax Credit Update – I updated my post to include a link to FAQ’s on the new credit..Also there have been a lot of good questions and answers on the topic which are there also…link to the update is:

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

Most frequently asked question with an answer from the National Association of Realtors is:

Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a
new home. I have lived in my current home for more than 5 consecutive years and
am within the new income limits. I will go to settlement on November 20. If
President Obama has signed the bill by the time I go to settlement, will I qualify for
the new $6500 tax credit?

Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment
(when the bill is signed). There is no reference to the date of contract for the new credit. The
provision looks solely to the date of purchase, which is generally the date of settlement

By: Craig

Craig — Fri, 06 Nov 2009 02:56:22 +0000

Does anyone know if the UI extension is available for those who will run out of benefits after this year? The previous tiers all required using them up before 12/26/09. What if you lost your job later in the year and won’t use them up in time? Will this new extension help them?

By: jonathondauer

jonathondauer — Fri, 06 Nov 2009 02:44:29 +0000

This guy is cray whoever wrote this. they didnt work together at all the rep. have blocked the passage for 6 weeks. They put prolly 100,000 americans to the street with there delay. do your research they do not care about the american people.

By: Gina

Gina — Thu, 05 Nov 2009 20:57:54 +0000

This is much needed and long overdue! Also the extension doesn’t expire in December! It goes through next year.

By: Dennis Norman

Dennis Norman — Thu, 05 Nov 2009 20:15:17 +0000

Tax Credit Update – The bill was just passed by the House of Representatives – The President is expected to sign it into law today or tomorrow..I have complete details as well as links to the bill text in an updated post I just did at:

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

By: cya

cya — Thu, 05 Nov 2009 17:34:55 +0000

This is for show. Everyone is forgetting that the extensions expire Dec 2009. How can the Senate claim to be giving 14-20 extra weeks when there are only 7 weeks left until the expiration. This expiration effects the majority of the unemployed. Perhaps the Senators should unemployed after the next election since they obviously believe their constituants can’t do basic math.

By: Lady Martina

Lady Martina — Thu, 05 Nov 2009 16:12:54 +0000

I am so,so sorry for the pups and your son, what do they know…..do you think you can adopt them back ? at least try….the centers all full at the moment, they might just bend a rule or two…..
I have 16 rescued cats, once or twice they ate and I had cereal !!!!….I just hope the reps who were holding this up enjoy their Lexus, large house and steak for dinner, WE WONT FORGET….