Comments on: More on the Homebuyer Tax Credit http://www.bostonreb.com/2009/11/more-on-the-homebuyer-tax-credit/ Boston real estate. Boston condos. Thu, 18 Mar 2010 13:31:27 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: condobuyer http://www.bostonreb.com/2009/11/more-on-the-homebuyer-tax-credit/comment-page-1/#comment-12509 condobuyer Thu, 05 Nov 2009 20:13:19 +0000 http://www.bostonreb.com/?p=24442#comment-12509 I know there will be income limits but was curious if they were going to change the original limits. I just checked and they are increasing the limits to 125K for an individual or 225K for married. The credit will also only be available for purchases 800K and below. Frankly, I think some of these limits should be different based on where you buy. In a Texan suburb you'll get a mansion for 700K and in Manhattan you'll be lucky with 900 sqft... Anyway, this is how it will be if it passes... I know there will be income limits but was curious if they were going to change the original limits. I just checked and they are increasing the limits to 125K for an individual or 225K for married. The credit will also only be available for purchases 800K and below.

Frankly, I think some of these limits should be different based on where you buy. In a Texan suburb you’ll get a mansion for 700K and in Manhattan you’ll be lucky with 900 sqft…

Anyway, this is how it will be if it passes…

]]> By: Mike http://www.bostonreb.com/2009/11/more-on-the-homebuyer-tax-credit/comment-page-1/#comment-12507 Mike Thu, 05 Nov 2009 19:05:19 +0000 http://www.bostonreb.com/?p=24442#comment-12507 There will be income limits. Count on it. There will be income limits. Count on it.

]]> By: John Ford http://www.bostonreb.com/2009/11/more-on-the-homebuyer-tax-credit/comment-page-1/#comment-12503 John Ford Thu, 05 Nov 2009 17:53:54 +0000 http://www.bostonreb.com/?p=24442#comment-12503 Condobuyer, the last I heard there will be income limits. I'll keep you posted once I obtain more info. Condobuyer, the last I heard there will be income limits. I’ll keep you posted once I obtain more info.

]]> By: condobuyer http://www.bostonreb.com/2009/11/more-on-the-homebuyer-tax-credit/comment-page-1/#comment-12502 condobuyer Thu, 05 Nov 2009 17:48:07 +0000 http://www.bostonreb.com/?p=24442#comment-12502 Has there been any change in the income limits?? I thought they just expanded to include homeowners who were looking to purchase... Has there been any change in the income limits?? I thought they just expanded to include homeowners who were looking to purchase…

]]> By: John Ford http://www.bostonreb.com/2009/11/more-on-the-homebuyer-tax-credit/comment-page-1/#comment-12500 John Ford Thu, 05 Nov 2009 16:36:32 +0000 http://www.bostonreb.com/?p=24442#comment-12500 The final bill hasn't been approved yet, so I'm not sure. Perhaps later today I'll have an answer for you. The final bill hasn’t been approved yet, so I’m not sure. Perhaps later today I’ll have an answer for you.

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