Comments on: Congress Considers “Fix Housing First” Tax Credit http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/ Reporting on Sustainably Built Environments from Bricks to Cities Fri, 03 Feb 2012 01:57:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: bcamp111 http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-20659 bcamp111 Fri, 06 Feb 2009 21:24:01 +0000 http://greenbuildingelements.com/?p=852#comment-20659 *oops, how=house. *oops, how=house.

]]> By: bcamp111 http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-98600 bcamp111 Fri, 06 Feb 2009 21:24:00 +0000 http://greenbuildingelements.com/?p=852#comment-98600 *oops, how=house. *oops, how=house.

]]> By: bcamp111 http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-20657 bcamp111 Fri, 06 Feb 2009 21:19:52 +0000 http://greenbuildingelements.com/?p=852#comment-20657 As a prospective first time homebuyer I'd like to the the tax credit as well. The reality of the situation is that 4% probably won't happen and a tax credit won't be $15K. Also, I have no idea why the income limits for these tax credits aren't regionalized. I'm in my late 20's make slightly over $100K/year and live in Manhattan. The current $7.5K tax credit has a flat income cap of $75K. Someone making $65K in San Antonio, Tx can afford a 3-4 bedroom house. On my income I struggle to rent a 600 sf. apartment... Also, I'm tired of hearing sob stories about some single mother with a $45K salary who's gonna lose her how that she bought for $350K with 0 down. That dumbass deserves to lose it. Call me crazy, but I think seriously evaluating your finances prior to buying is sort of important. Personal responsibility people! As a prospective first time homebuyer I’d like to the the tax credit as well. The reality of the situation is that 4% probably won’t happen and a tax credit won’t be $15K. Also, I have no idea why the income limits for these tax credits aren’t regionalized. I’m in my late 20′s make slightly over $100K/year and live in Manhattan. The current $7.5K tax credit has a flat income cap of $75K. Someone making $65K in San Antonio, Tx can afford a 3-4 bedroom house. On my income I struggle to rent a 600 sf. apartment…

Also, I’m tired of hearing sob stories about some single mother with a $45K salary who’s gonna lose her how that she bought for $350K with 0 down. That dumbass deserves to lose it. Call me crazy, but I think seriously evaluating your finances prior to buying is sort of important. Personal responsibility people!

]]> By: bcamp111 http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-98599 bcamp111 Fri, 06 Feb 2009 21:19:00 +0000 http://greenbuildingelements.com/?p=852#comment-98599 As a prospective first time homebuyer I'd like to the the tax credit as well. The reality of the situation is that 4% probably won't happen and a tax credit won't be $15K. Also, I have no idea why the income limits for these tax credits aren't regionalized. I'm in my late 20's make slightly over $100K/year and live in Manhattan. The current $7.5K tax credit has a flat income cap of $75K. Someone making $65K in San Antonio, Tx can afford a 3-4 bedroom house. On my income I struggle to rent a 600 sf. apartment... Also, I'm tired of hearing sob stories about some single mother with a $45K salary who's gonna lose her how that she bought for $350K with 0 down. That dumbass deserves to lose it. Call me crazy, but I think seriously evaluating your finances prior to buying is sort of important. Personal responsibility people! As a prospective first time homebuyer I’d like to the the tax credit as well. The reality of the situation is that 4% probably won’t happen and a tax credit won’t be $15K. Also, I have no idea why the income limits for these tax credits aren’t regionalized. I’m in my late 20′s make slightly over $100K/year and live in Manhattan. The current $7.5K tax credit has a flat income cap of $75K. Someone making $65K in San Antonio, Tx can afford a 3-4 bedroom house. On my income I struggle to rent a 600 sf. apartment…

Also, I’m tired of hearing sob stories about some single mother with a $45K salary who’s gonna lose her how that she bought for $350K with 0 down. That dumbass deserves to lose it. Call me crazy, but I think seriously evaluating your finances prior to buying is sort of important. Personal responsibility people!

]]> By: Linda Burgiwn http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-20516 Linda Burgiwn Thu, 05 Feb 2009 12:13:56 +0000 http://greenbuildingelements.com/?p=852#comment-20516 This is a greeat idea. I work in the real estate industry. We have to fix housing first. Housing creates more jobs than any other sector. The $15,000 credit availabel at clsoing would help many people get into homes. I would like to see the 4% loan avaialble to those who want to purchase and to those who want to refinance. It coudl help many stay in their homes with a lower interest rates. Having homes go to foreclosure in a neighborhood hurts everyones home values. The American people should be behind this bill 100%. This is a greeat idea. I work in the real estate industry. We have to fix housing first. Housing creates more jobs than any other sector. The $15,000 credit availabel at clsoing would help many people get into homes. I would like to see the 4% loan avaialble to those who want to purchase and to those who want to refinance. It coudl help many stay in their homes with a lower interest rates. Having homes go to foreclosure in a neighborhood hurts everyones home values. The American people should be behind this bill 100%.

]]> By: Linda Burgiwn http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-98598 Linda Burgiwn Thu, 05 Feb 2009 12:13:00 +0000 http://greenbuildingelements.com/?p=852#comment-98598 This is a greeat idea. I work in the real estate industry. We have to fix housing first. Housing creates more jobs than any other sector. The $15,000 credit availabel at clsoing would help many people get into homes. I would like to see the 4% loan avaialble to those who want to purchase and to those who want to refinance. It coudl help many stay in their homes with a lower interest rates. Having homes go to foreclosure in a neighborhood hurts everyones home values. The American people should be behind this bill 100%. This is a greeat idea. I work in the real estate industry. We have to fix housing first. Housing creates more jobs than any other sector. The $15,000 credit availabel at clsoing would help many people get into homes. I would like to see the 4% loan avaialble to those who want to purchase and to those who want to refinance. It coudl help many stay in their homes with a lower interest rates. Having homes go to foreclosure in a neighborhood hurts everyones home values. The American people should be behind this bill 100%.

]]> By: Susan http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-20381 Susan Tue, 03 Feb 2009 18:50:17 +0000 http://greenbuildingelements.com/?p=852#comment-20381 Anyone know when this might pass? Anyone know when this might pass?

]]> By: Susan http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-98597 Susan Tue, 03 Feb 2009 18:50:00 +0000 http://greenbuildingelements.com/?p=852#comment-98597 Anyone know when this might pass? Anyone know when this might pass?

]]> By: JoeShmoe http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-20347 JoeShmoe Tue, 03 Feb 2009 12:26:04 +0000 http://greenbuildingelements.com/?p=852#comment-20347 Well, me and my wife did have 3-4% for a down payment but we learned of a "rural development loan" where there is no money down required, and there is also no PMI. This enabled us to get into a home that we wanted AND left us with money in our pocket. Well, me and my wife did have 3-4% for a down payment but we learned of a “rural development loan” where there is no money down required, and there is also no PMI. This enabled us to get into a home that we wanted AND left us with money in our pocket.

]]> By: JoeShmoe http://greenbuildingelements.com/2009/01/23/congress-considers-fix-housing-first-tax-credit/comment-page-1/#comment-98596 JoeShmoe Tue, 03 Feb 2009 12:26:00 +0000 http://greenbuildingelements.com/?p=852#comment-98596 Well, me and my wife did have 3-4% for a down payment but we learned of a "rural development loan" where there is no money down required, and there is also no PMI. This enabled us to get into a home that we wanted AND left us with money in our pocket. Well, me and my wife did have 3-4% for a down payment but we learned of a “rural development loan” where there is no money down required, and there is also no PMI. This enabled us to get into a home that we wanted AND left us with money in our pocket.

]]>