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Should the $8000 first-time home buyers tax credit be renewed?

October 7, 2009 By 8 Comments

Video 18: The $8000 first-time home buyer tax credit is about to expire, should it be renewed? Watch the video to hear my thoughs and let me know yours. Leave a comment or e-mail me your thoughts Dean Ouellette.

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Comments

  1. Justin McHood says:
    October 8, 2009 at 2:28 pm

    Way to be Debbie Downer on the 8k tax credit!

    You are not invited to the 8k-tax-credit-extension-party at ACORN headquarters anymore.

    Oh, and the stubble makes you look like Bruce Willis.

    Kinda.
    .-= Justin McHood´s last blog ..“There Will Be Death Panels Enacted By This Congress” =-.

  2. Dean Ouellette says:
    October 8, 2009 at 4:27 pm

    Sure when we are rich like you and your other lender buddies are…. giving all these people 8k is no big deal then….

    Stubble… hmm yea I think it needs to go soon

  3. patrick says:
    October 13, 2009 at 7:08 pm

    I don’t think it should be renewed it did what it was intended to do and has moved a lot of off the fencers buyer’s let’s face it home values are a bargin interest rates on fha are under 5% for a 30 year ,this wais a once in a lifetime opportunity don’t saddle everybody long term for short term gain .
    It might be time to invest in gilette stock next as it seem ‘s there is a lot of pent up demand.

  4. Matt Stigliano says:
    October 30, 2009 at 11:05 am

    Dean – Great video. As someone who doesn’t like the idea of it being renewed, I agree. Nice to see you in video format after having actually met you face to face. With the recent spate of “it has been extended” reports (that are false), this topic is a hot one for me right now.
    .-= Matt Stigliano´s last blog ..First Time Home Buyer Tax Credit NOT Extended Depsite What You May Have Heard. =-.

Trackbacks

  1. Top 5 real estate posts of the day for 10/8/2009 says:
    October 8, 2009 at 11:29 am

    [...] 2) What say you? Is this good advertising? – NAR advertising for an extension of the homebuyer tax credit. I have a different opinion on should the tax credit be extended? [...]

  2. Top real estate posts of the day says:
    October 27, 2009 at 11:22 am

    [...] 7) Decision on extending the first-time home buyer tax credit could come this week – Will it be extended? Will it be slowly phased out? Will income levels to qualify be raised? With the deadline coming soon we will find out shortly. Do I think the first-time tax credit should be extended? [...]

  3. Top real estate posts of the day for 10/29/2009 says:
    October 29, 2009 at 12:01 pm

    [...] 8 ) Please do NOT extend the $8,000 tax credit – And here is an opinion opposing….  Should it be extended? Here is my opinion on extending the tax credit… [...]

  4. First-Time Home Buyer Tax Credit, should it be extended? No... Should you use it? Yes... says:
    October 29, 2009 at 5:38 pm

    [...] home buyer tax credit is very likely to be extended and maybe even expanded. While I do not think the first-time tax credit should be extended, I certainly and not going to discourage buyers from using it. For more information you can leave a [...]

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