Home Buying Tax Credits Explained

Prisoners defraud TAXPAYERS through home credits

Prisoners defraud TAXPAYERS through home credits

Welcome to Skinner Properties & Investments, Inc. where phenomenal customer service is our passion! An article on CNNMoney.com uncovers the fact that more than 1,200 prison inmates illegally took advantage of the first time home buyer tax credits this year. Note that the article reads they “defrauded the government.” The prisoners defrauded the TAXPAYERS because it was the...

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Senate votes to extend tax credit deadline – for closing

If you were under contract on a home by April 30, but are having trouble getting your loan in by the June 30 deadline the US Senate has voted to give you another 3 months. I believe the House still must approve this as well. Now whether or not your sellers will want to give you another 3 months to close is another story…

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65% of home buyers still want to buy a house

65% of home buyers still want to buy a house

According to a study released today by Prudential, 65% of home buyers surveyed claim that the expiration of the home buying tax credits will not have an effect on their decision to purchase a home. A little less than half of home owners expect prices to increase in their area over the next year and 20% expect prices to increase substantially over the next 5 years. What I find far more...

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