Friday, October 16, 2009

Mr. Obama, let the First-Time Homeowners Tax Credit stay!!! The best way to deal with the real estate crisis and eliminate most of the many foreclosures forecasted for next year is to keep the tax credit going. As a matter of fact, why not double it? Let’s face it: The year-to-date improvement in the real estate market is due to the tax credit. Many people who would not buy a house otherwise, made an effort to buy because of the tax incentive! Why spend billions on questionable projects when that same money could be applied to first time buyer tax credit? Let the First-Time Homeowners Tax Credit do to the straggling real estate market what the Cash for Clunkers credit did to the sluggish car industry! az.

1 comments:

  1. We Just passed papers on the home purchased by my first time buyers. THey are planning on using the credit for their new kitchen. It all sounds great! but where is this money coming from? Lisa zemack

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