# 8k Home buyer tax credit extended! - Post 94 **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [October 20, 2009, 12:30pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109 "2009-10-20T12:30:59Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![neonglh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/neonglh/32/4951_2.png) [@neonglh](https://forums.speedlife.net/u/neonglh)\ **Post date:** [October 20, 2009, 12:30pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/1 "2009-10-20T12:30:59Z")
They managed to squeeze up more money for the cash for clunkers thing, and I have heard a few rumors out there on the net that they were talking about maybe extending the 8k cash back for buying a home past Nov. 31st. Anyone hear anything, or have any ideas why they would or would not do this? –mark ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [October 20, 2009, 12:37pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/2 "2009-10-20T12:37:56Z")
With a trillion dollar deficit it shouldn’t get extended but you never know. ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [October 20, 2009, 12:39pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/3 "2009-10-20T12:39:31Z")
> [@JayS](#): > > With a trillion dollar deficit it shouldn’t get extended but you never know. How far has that logic gotten you in the last 12 months? :fail: 😛 Obama Moneh! Woot! ---
**Author:** ![neonglh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/neonglh/32/4951_2.png) [@neonglh](https://forums.speedlife.net/u/neonglh)\ **Post date:** [October 20, 2009, 12:39pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/4 "2009-10-20T12:39:35Z")
> [@JayS](#): > > With a trillion dollar deficit it shouldn’t get extended but you never know. One could then argue with a trillion dollar deficit it should have never been around, but it was. So, for my sake, I hope they do consider extending it 🙂 I was in the market to buy, then decided to hold off. Now… I want to buy again. I am in a pretty good place, but it’s tough to consider buying a house now and basically paying $8k more than I would have if I bought a few months ago. It’s a small percentage of the overall cost, but still a percentage. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [October 20, 2009, 12:40pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/5 "2009-10-20T12:40:43Z")
Yeah, having a fast evo is way better than buying a house. 😉 ---
**Author:** ![neonglh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/neonglh/32/4951_2.png) [@neonglh](https://forums.speedlife.net/u/neonglh)\ **Post date:** [October 20, 2009, 12:41pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/6 "2009-10-20T12:41:57Z")
> [@JayS](#): > > Yeah, having a fast evo is way better than buying a house. 😉 Now imagine me having a fast house! :wiggle: ---
**Author:** ![TrueBlue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/trueblue/32/7245_2.png) [@TrueBlue](https://forums.speedlife.net/u/TrueBlue)\ **Post date:** [October 20, 2009, 12:46pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/7 "2009-10-20T12:46:40Z")
I hope so too. Getting shuffled off to Ohio didn’t help the home-buying plan for me. The realtors I’ve spoken with say it’s a distinct possiblity but don’t have much more than a gut feeling to go on. :meh: ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [October 20, 2009, 12:47pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/8 "2009-10-20T12:47:48Z")
Yeah, should have bought this year if you’re considering buying your first house. You’ll probably wind up paying an extra $8k for waiting a few months. Doesn’t matter though as far as planning goes. At this point it’s too late anyway. ---
**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\ **Post date:** [October 20, 2009, 12:50pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/9 "2009-10-20T12:50:09Z")
I heard it was going to…but thats just hear-say. who knows what will really happen. ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [October 20, 2009, 12:55pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/10 "2009-10-20T12:55:48Z")
I got the 8K obama singles with my place. Thank god tx closes on houses in 3-4 weeks lol. My agent said there are only rumors that it might be extended. I wouldn’t bank on it though. ---
**Author:** ![slow84ta](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slow84ta/32/7265_2.png) [@slow84ta](https://forums.speedlife.net/u/slow84ta)\ **Post date:** [October 20, 2009, 12:57pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/11 "2009-10-20T12:57:32Z")
I would say yes, only because the recovery hasn’t been as good as expected, but I honestly don’t think it should be since we owe so much more money then before the recession :gotme: ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [October 20, 2009, 12:59pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/12 "2009-10-20T12:59:48Z")
I think they should change it to 8K off a new car or furniture because I want one/sum. I feel like my taxes should give something back to me. ---
**Author:** ![klug](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/klug/32/5222_2.png) [@klug](https://forums.speedlife.net/u/klug)\ **Post date:** [October 20, 2009, 1:09pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/13 "2009-10-20T13:09:05Z")
You have to spend over 80k to get the full 8k fyi. Its 10% of total house sale. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [October 20, 2009, 1:11pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/14 "2009-10-20T13:11:37Z")
I hope my 8000 dollars shows up soon. I am getting a little antsy ---
**Author:** ![neonglh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/neonglh/32/4951_2.png) [@neonglh](https://forums.speedlife.net/u/neonglh)\ **Post date:** [October 20, 2009, 1:14pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/15 "2009-10-20T13:14:46Z")
> [@zklug1013](#): > > You have to spend over 80k to get the full 8k fyi. Its 10% of total house sale. Yeah, I would not buy a house for less than 80k ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [October 20, 2009, 1:20pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/16 "2009-10-20T13:20:06Z")
home prices are expected to fall another 20%, so if that happens you’ll be better off anyway. I don’t think anybody can answer your original question at this time. ---
**Author:** ![neonglh](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/neonglh/32/4951_2.png) [@neonglh](https://forums.speedlife.net/u/neonglh)\ **Post date:** [October 20, 2009, 1:22pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/17 "2009-10-20T13:22:52Z")
> [@theblue](#): > > home prices are expected to fall another 20%, so if that happens you’ll be better off anyway. > > I don’t think anybody can answer your original question at this time. Where did you hear that from? That would be fucking tits. ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [October 20, 2009, 1:29pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/18 "2009-10-20T13:29:52Z")
somewhere on CNN, but it’s a pretty generic average… looks like Rochester will continue to be immune to the problems: [http://cgi.money.cnn.com/tools/homepricedata/index.html?market=11NY](http://cgi.money.cnn.com/tools/homepricedata/index.html?market=11NY) ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [October 20, 2009, 2:02pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/19 "2009-10-20T14:02:56Z")
> [@JayS](#): > > Yeah, having a fast evo is way better than buying a house. 😉 Houses are slow as fuck. Fast car FTW. ---
**Author:** ![Pauly](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pauly/32/7493_2.png) [@Pauly](https://forums.speedlife.net/u/Pauly)\ **Post date:** [October 20, 2009, 2:51pm UTC](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109/20 "2009-10-20T14:51:04Z")
watching/listening to the national news this morning i’m thinkin they might extend it [Next page](https://forums.speedlife.net/t/8k-home-buyer-tax-credit-extended-post-94/75109.md?page=2)