HomeBuyerTaxCredit

Homeowners slashed asking prices for a third straight month in August, hoping to attract buyers with the bargains.

Senate Majority Leader Harry Reid (D-Nev.) is backing a measure to extend the deadline for first-time home buyers to close their deals in order to receive the federal $8,000 tax credit, from June 30 to Sept. 30.

So, in the confusion and elation of buying a new home, you put off filing your home-buyer tax credit and now April 15 looms large. No problem, you think, I'll just e-file it. Think again. Although the IRS is gung-ho about electronic filing in most cases, it's requiring the home-buyer tax credit...

California lawmakers hope a new plan to extend a $10,000 tax credit to first-time buyers and those purchasing new homes will help jumpstart the state's lagging housing market, as well as work to clear a backlog of abandoned and foreclosed homes. That's a tall order in a state with one of the...

Do you dream of owning your own home? With interest rates near rock bottom (if you can qualify), housing prices down hugely from three years ago, and the government dangling a hefty tax credit in your face, how can you resist? Our friends at Fixr.com have prepared this nifty flow chart to help you...

The recent extension of the $6,500 federal home buyer tax credit to existing homeowners stands to help the economy, according to a new survey by Coldwell Banker. Only 6% of those 1,000 surveyed said they would splurge -- on shopping or vacations. Though no one wants to appear frivolous in a...

Homebuyers did not have to truly be first-timers in order to qualify for the "first time homebuyer" tax credit, expiring Nov. 30; they only had to meet the limitation of not having owned a primary residence for the past three years, with income limits of $75,000 for individuals and $150,000 for...