Comments on: $15,000 Tax Credit “Shaved” from Stimulus http://www.tucsonazrealestateblog.com/tucson-real-estate/15000-tax-credit-shaved-from-stimulus/ & What it is like living in Tucson Thu, 09 Feb 2012 01:34:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dave Smithhttp://www.tucsonazrealestateblog.com/tucson-real-estate/15000-tax-credit-shaved-from-stimulus/comment-page-1/#comment-11939 Dave Smith Sun, 20 Sep 2009 03:44:54 +0000 http://www.tucsonazrealestateblog.com/?p=938#comment-11939 Jason, The senate had the $15,000 in their bill but when it went to the house it was trimmed back to the $8,000. There is talk of extending the $8,000 credit, and even some chatter about the $15,000 but don't count on either one being around after Nov. 30, 2009 There is a huge push on right now to extend the program. But there is nothing on the table at this time. Jason,

The senate had the $15,000 in their bill but when it went to the house it was trimmed back to the $8,000. There is talk of extending the $8,000 credit, and even some chatter about the $15,000 but don’t count on either one being around after Nov. 30, 2009

There is a huge push on right now to extend the program. But there is nothing on the table at this time.

]]> By: jason blacksmithhttp://www.tucsonazrealestateblog.com/tucson-real-estate/15000-tax-credit-shaved-from-stimulus/comment-page-1/#comment-11938 jason blacksmith Sun, 20 Sep 2009 02:44:52 +0000 http://www.tucsonazrealestateblog.com/?p=938#comment-11938 I heard that there might be a $15000 stimulus I'm guessing for 2010. But right now it is $8,000 this year 2009.Is this right or is the $15,000 stimulus an old package that was instead made into the $8000 pakage that is good only foe=r 2009? I heard that there might be a $15000 stimulus I’m guessing for 2010. But right now it is $8,000 this year 2009.Is this right or is the $15,000 stimulus an old package that was instead made into the $8000 pakage that is good only foe=r 2009?

]]> By: Dave Smithhttp://www.tucsonazrealestateblog.com/tucson-real-estate/15000-tax-credit-shaved-from-stimulus/comment-page-1/#comment-8188 Dave Smith Thu, 12 Feb 2009 05:29:00 +0000 http://www.tucsonazrealestateblog.com/?p=938#comment-8188 <a href='#comment-8186' rel="nofollow">@chris swenson</a> - Thanks Chris, You are right, the mortgage factor is the difference. If anyone has paid cash for the property there is now way you come out ahead in the senario described here. I/we don't trust them either. I much prefer things work out by market conditions. It is unfortunate that the politicians contributed so much to this situation in the first place. Without their intervention requiring banks to loan to people that did not qualify for a loan we wouldn't be where we are today. It will turn around, it is the timing of the turn around that leaves all to wonder. Congratulations on being retired and on being able to buy with cash. That is the best. You pay for what you purchase only once. We are picking out paint colors now and looking into landscaping. Either move or stay it becomes a win. Have a great week. Dave @chris swenson – Thanks Chris,

You are right, the mortgage factor is the difference. If anyone has paid cash for the property there is now way you come out ahead in the senario described here.

I/we don’t trust them either. I much prefer things work out by market conditions. It is unfortunate that the politicians contributed so much to this situation in the first place. Without their intervention requiring banks to loan to people that did not qualify for a loan we wouldn’t be where we are today.

It will turn around, it is the timing of the turn around that leaves all to wonder. Congratulations on being retired and on being able to buy with cash. That is the best. You pay for what you purchase only once.

We are picking out paint colors now and looking into landscaping. Either move or stay it becomes a win.

Have a great week.

Dave

]]> By: chris swensonhttp://www.tucsonazrealestateblog.com/tucson-real-estate/15000-tax-credit-shaved-from-stimulus/comment-page-1/#comment-8186 chris swenson Thu, 12 Feb 2009 05:09:19 +0000 http://www.tucsonazrealestateblog.com/?p=938#comment-8186 I think we were both right on the sale of your home and downsizing. I am retired and thus do not do debt, only cash. When you are retired, debt truly is a four letter word. With a mortgage, you are right on your home. You are smart where many are not. In the early years of a mortgage, the "owner" is really only renting from the lender. The 15K in the StimUseless bill would have been great for buyers like me & the RE industry in general. I did not trust the politicians on this one and still don't on most everything. Best wishes on whatever you two decide to do. As others have posted below, "just go for it". :>) Chris I think we were both right on the sale of your home and downsizing. I am retired and thus do not do debt, only cash. When you are retired, debt truly is a four letter word. With a mortgage, you are right on your home. You are smart where many are not. In the early years of a mortgage, the “owner” is really only renting from the lender.

The 15K in the StimUseless bill would have been great for buyers like me & the RE industry in general. I did not trust the politicians on this one and still don’t on most everything.

Best wishes on whatever you two decide to do. As others have posted below, “just go for it”. :>)

Chris

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