If you haven’t bought a home yet, you may want to sit tight for just a little while. It isn’t that an $8000.00 first time homebuyer tax credit isn’t nice…it’s just that a $15,000.00 any homebuyer tax credit would certainly be nicer.

Now, I’ll be the first to tell you, I’m not thrilled with the stimulus this, and stimulus that…in that I believe it’s going to create greater problems down the road, when the bill for all this spending comes due, but–that said–when it comes to watching out for your personal economy, in the here and now, it’s hard not to be interested in a $15,000.00 refundable tax credit.

If the legislation were to pass as it’s written, the two biggest changes, besides the amount of the credit, would be:

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Your chance, as a first time home buyer, to receive $8000 in federal stimulus money is running out! To qualify, you must close on your home purchase by 11:59:59pm on November 30, 2009…a process which takes time. (Going from finding a home to closing on a home, and properly hitting all steps in between.)

For more information about what it takes to qualify, review the information at this link…or call Jay, at 608-273-8841.

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There are a lot of people who aren’t going to like this article…and most of them are going to be members of the largest non-voluntary trade association in the world–a group which possesses enormous national and state lobbying power and influence–the National Association of Realtors®, NAR.

Unless you live under the proverbial rock, you’ve undoubtedly heard about how lenders are supposedly at the heart of the housing meltdown, and the devastating effect their actions have had on our economy.

Well, beneath that story, is one that has either never been told…or is only whispered, regarding how all of this mess started with a hugely powerful trade association…the NAR.

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