Posts Tagged ‘h.r. 3548’

DesperateHouseWise Update

Saturday, November 7th, 2009

DesperateHouseWise.com added a new page to its site. Modification Center offers helpful information for homeowners seeking a loan modification or refinance. Find information about Making Home Affordable and local foreclosure prevention events. You can even find a free, HUD-approved housing counselor.

DHW also added Housing Tax Credits. This page provides in-depth information regarding the recent extension and additions to the housing tax credits.

DHW asks: Have you applied for a loan modification? How was your experience?

Done! Obama signs bill extending, creating Tax Credits

Friday, November 6th, 2009

President Obama signed bill  H.R. 3548, extending unemployment benefits for all states and extending the $8,000 Tax Credit for first home buyers. The bill also creates a $6,500 tax credit for those home buyers who have owned their current primary residence for at least 5 years.  See ‘Housing Tax Credits’ for more details. You can also see how congress voted.

Remember: The $6,500 tax credit took effect when the President signed the bill.

DHW asks: Will this encourage you to buy a home?

See how Congress voted on Tax Credits

Friday, November 6th, 2009

GovTrack, a self-described nonpartisan website, released Congressional votes on bill H.R. 3548 Worker, Homeownership, and Business Assistance Act of 2009.

See how Congress voted.

Obama to sign unemployment benefits, $8000 tax credit bill

Friday, November 6th, 2009

President Obama is scheduled to sign bill H. R. 3548, extending unemployment benefits to all states.  When signed, the bill will also extend the $8,000 tax credit for first time home buyers as well as initiate a new $6,500 tax credit for those home buyers who have owned a primary residence for at least 5 years.

On Thursday, the National Association of Realtors released detailed guidelines and a Frequently Asked Questions brochure for the tax credits. The new $6,500 tax credit takes effect the day the President signs the bill.

DHW asks: Do you think the new $6,500 tax credit will help boost real estate sales?