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Reply #2: How does a tax credit for BUYING a foreclosure property... [View All]

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alstephenson Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-08-08 02:26 PM
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2. How does a tax credit for BUYING a foreclosure property...
help homeowners already in default and in the foreclosure process? Providing a tax credit makes the foreclosure property more marketable, again assisting the poor lenders in liquidating their non-performing assets. :mad:
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  -House Democrats Target Aid To Homeowners As Senate Plan Showers Tax Breaks On Businesses Purveyor  Apr-08-08 02:13 PM   #0 
  - $7500 is ten percent of a house exactly WHERE?  LisaM   Apr-08-08 02:23 PM   #1 
  - My house is perfectly sized for me  nels25   Apr-08-08 02:32 PM   #5 
     - Agreed, the banks are bad actors in this  LisaM   Apr-08-08 02:39 PM   #6 
        - I am sorry to hear that Lisa  nels25   Apr-08-08 04:09 PM   #10 
  - How does a tax credit for BUYING a foreclosure property...  alstephenson   Apr-08-08 02:26 PM   #2 
  - If a business is paying taxes, that means it's making money  formercia   Apr-08-08 02:27 PM   #3 
  - Just asking??  nels25   Apr-08-08 02:28 PM   #4 
  - I make no claim to being all that swift with economics, but...  Javaman   Apr-08-08 02:42 PM   #7 
  - Oh yippee.  MadHound   Apr-08-08 03:06 PM   #8 
  - $25 billion in tax breaks on home builders and banks?!?!?!?!?  benld74   Apr-08-08 03:08 PM   #9 
 

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