mastermindingwealth.com

Did the final version of Foreclosure Act include the $7000 credit for the purchase of a foreclosed home?

Stacey C asked:


I bought an execution of a mortgage in June 2008. I know that the act of preventing the execution of a mortgage experienced many revisions. Anyone knows if the final version is expected to sign the president still includes provision for the $ 7000 tax credit for purchasing homes not occupied by the owner? I'm not one of the first homebuyer.

Fund Your Real Estate Deals

This entry was posted on Tuesday, June 10th, 2008 at 10:56 pm and is filed under Law & Ethics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Did the final version of Foreclosure Act include the $7000 credit for the purchase of a foreclosed home?”

1. Buy a charlotte foreclosure home at a discount on June 12th, 2008 at 10:57 am

   Ich hatte die gleiche Frage wie ich kauften auch einer Abschottung in diesem Jahr. Ich denke, das gemorphte in die Kredit-$ 7500 für alle ersten Mal zu Hause Käufer (nicht Hausbesitzer innerhalb von 3 Jahren). Allerdings hat sie zu zahlen zurück zum gov't mit 15 Jahren, dh, $ 500/yr. Dies ist das Forum, in dem ich the]I had the same question as I also bought a foreclosure this year. I think this morphed into the $7500 credit for all first time home buyers (not a homeowner within 3 years). However, it has to be paid back to the gov’t with 15 yrs, ie, $500/yr.

   This is the forum where I got the info.]

Leave a Reply