With all this government spending, I am wondering how it is going to help us. Beside raising our taxes to pay for all this spending, what else do we personally get? I was reading one of the articles and I found this:
Private-sector economists who support the stimulus plan say that it could be made better, and, yes, bigger.
“I would make the package bigger . . . increase the package to over $1 trillion,” Zandi said.
One change, he said, could be to take the $7,500 tax credit being proposed for home purchases by first-time buyers and apply it to all home purchases, payable at closing. This would help reverse the deep slide in the national housing market. © 2009, McClatchy-Tribune Information Services.
This, I believe will actually help many people. I believe that the real estate market directly affect many other business. If real estate is not moving then the builders, title companies, insurance companies, home inspectors ect all slow down.
If everyone that buys a home can get up to $7500 and at closing instead of on their tax return, that would help many that are on the fence about buying now or not. Real estate is picking up in Ocala. I get a lot of call from tenants that have to get out because their Land lord are not paying their mortgages and now they have 30 days to get out of their home. That is not fair to the tenants. They need to be able to at least have time to find a place to live. With the home prices down and interest rate still low, people that are renting can now buy a home for the same price as they are renting for.
I f any one has any questions about what options are available to help these tenant, Call Rhonda. Here in Ocala, Florida, I am helping many buy a home with zero to little down. You can always got to www.BucknerHomes.com to search for property that is avaiable in Ocala.Marion County. Looking forward to helping you.