Tax Credit Available To More Than Just First-Time Buyers

**lisazapalac** · 01-03-2010, 09:43 PM

[COLOR=#333333][FONT=Arial][SIZE=3]First-time home buyers aren

**rentec** · 01-12-2010, 06:56 AM

The credit still omits real-estate investors, which highlights the true motives (or lack there-of) of the government. Stimulating the economy is not what they are after. I think they are more after stimulating inflation to keep the dollar alive.

**PreviewOrangeCounty** · 01-12-2010, 07:32 PM

Yeah, the move up buyer tax credit is a good incentive but most home owners either do not have the equity to move up or are not ready to take the leap even though this is a good time for move-up buyers if job security is in tact

**Jim Erickson** · 01-13-2010, 07:01 AM

Tax Credit Available To More Than Just First-Time Buyers

The tax credit technically is not just for first-time home buyers. It is for anyone who has not owned a home (interest in a property) 3 years prior from time of next purchase.

As real estate professionals, we need to make this clear. There may be folks out there who are not hearing the true facts and miss out on this program.