<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: First Time Home Buyer Program Ripe for Abuse</title>
	<atom:link href="http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/feed" rel="self" type="application/rss+xml" />
	<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse</link>
	<description>National News in Context</description>
	<lastBuildDate>Tue, 31 Jan 2012 02:40:51 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
	<item>
		<title>By: Coach Outlet Online</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-258526</link>
		<dc:creator>Coach Outlet Online</dc:creator>
		<pubDate>Tue, 31 May 2011 07:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-258526</guid>
		<description>I don&#039;t know. I love &lt;a href=&quot;http://www.coachfactoryoutlet-ca.com/&quot; rel=&quot;nofollow&quot;&gt;Coach Outlet Online Store&lt;/a&gt;, I was in Chelsea the happiest man since the arrival of a person who should have never &lt;a href=&quot;http://www.buy-pradashoes.net/&quot; rel=&quot;nofollow&quot;&gt;Prada Shoes&lt;/a&gt;. I was thinking I would have &lt;a href=&quot;http://www.thecoachoutletonline.com/&quot; rel=&quot;nofollow&quot;&gt;Coach Outlet&lt;/a&gt; be there all my life and a few months later, I buy &lt;a href=&quot;http://www.coachfactoryoutlet4u.com/&quot; rel=&quot;nofollow&quot;&gt;Coach Purses&lt;/a&gt;. So you never know. In Inter I found an incredible family. Players; amazing. President; amazing. Then after two years I felt, even with two more years &lt;a href=&quot;http://www.coachpurses-store.net/&quot; rel=&quot;nofollow&quot;&gt;Coach Purses Outlet&lt;/a&gt;, I felt it was over. I need something new for me. So you never know. But when I sign a &lt;a href=&quot;http://www.coachoutletonline-sale.com/&quot; rel=&quot;nofollow&quot;&gt;Coach Factory Outlet&lt;/a&gt;, I sign with the intention to respect the contract and be happy for that &lt;a href=&quot;http://www.buy-pradashoes.net/&quot; rel=&quot;nofollow&quot;&gt;Prada Sneakers&lt;/a&gt;. So if everything goes in the right direction, yes I will stay &lt;a href=&quot;http://www.thecoachfactoryoutlet.com/&quot; rel=&quot;nofollow&quot;&gt;Coach Outlet Store&lt;/a&gt;.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t know. I love <a href="http://www.coachfactoryoutlet-ca.com/" rel="nofollow">Coach Outlet Online Store</a>, I was in Chelsea the happiest man since the arrival of a person who should have never <a href="http://www.buy-pradashoes.net/" rel="nofollow">Prada Shoes</a>. I was thinking I would have <a href="http://www.thecoachoutletonline.com/" rel="nofollow">Coach Outlet</a> be there all my life and a few months later, I buy <a href="http://www.coachfactoryoutlet4u.com/" rel="nofollow">Coach Purses</a>. So you never know. In Inter I found an incredible family. Players; amazing. President; amazing. Then after two years I felt, even with two more years <a href="http://www.coachpurses-store.net/" rel="nofollow">Coach Purses Outlet</a>, I felt it was over. I need something new for me. So you never know. But when I sign a <a href="http://www.coachoutletonline-sale.com/" rel="nofollow">Coach Factory Outlet</a>, I sign with the intention to respect the contract and be happy for that <a href="http://www.buy-pradashoes.net/" rel="nofollow">Prada Sneakers</a>. So if everything goes in the right direction, yes I will stay <a href="http://www.thecoachfactoryoutlet.com/" rel="nofollow">Coach Outlet Store</a>.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: First time home buyers programs &#124; Leasembe</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-246173</link>
		<dc:creator>First time home buyers programs &#124; Leasembe</dc:creator>
		<pubDate>Sun, 09 Jan 2011 15:11:39 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-246173</guid>
		<description>[...] First Time Home Buyer Program Ripe for Abuse « The Washington &#8230;First Time Home Buyer Program Ripe for Abuse. Housing Advocates Say Lenders Could Charge High Interest Rates, Fees on Advance for Tax Credit &#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] First Time Home Buyer Program Ripe for Abuse « The Washington &#8230;First Time Home Buyer Program Ripe for Abuse. Housing Advocates Say Lenders Could Charge High Interest Rates, Fees on Advance for Tax Credit &#8230; [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: louis vuitton</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-180082</link>
		<dc:creator>louis vuitton</dc:creator>
		<pubDate>Fri, 30 Jul 2010 21:46:49 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-180082</guid>
		<description>For example, my husband and I have been renters for 10 years.. since we got married. We have also had 3 children in that time frame, making it hard for us to save up a large down payment. We have had multiple banks/brokers/real estate agents, ask us if anyone in our family or circle of friends could help with a down payment. First we wouldn&#039;t ask, and no they don&#039;t. We make more than our parent&#039;s and siblings. As far as income goes we qualify for a mortgage of 343k but only have the down payment(amount of savings we realistically want to use) for a 150k house. But if we could get the 8k up front we would be able to get around 250k which is perfect for our area and needs.</description>
		<content:encoded><![CDATA[<p>For example, my husband and I have been renters for 10 years.. since we got married. We have also had 3 children in that time frame, making it hard for us to save up a large down payment. We have had multiple banks/brokers/real estate agents, ask us if anyone in our family or circle of friends could help with a down payment. First we wouldn&#39;t ask, and no they don&#39;t. We make more than our parent&#39;s and siblings. As far as income goes we qualify for a mortgage of 343k but only have the down payment(amount of savings we realistically want to use) for a 150k house. But if we could get the 8k up front we would be able to get around 250k which is perfect for our area and needs.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: louis vuitton</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-180083</link>
		<dc:creator>louis vuitton</dc:creator>
		<pubDate>Fri, 30 Jul 2010 21:46:46 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-180083</guid>
		<description>For example, my husband and I have been renters for 10 years.. since we got married. We have also had 3 children in that time frame, making it hard for us to save up a large down payment. We have had multiple banks/brokers/real estate agents, ask us if anyone in our family or circle of friends could help with a down payment. First we wouldn&#039;t ask, and no they don&#039;t. We make more than our parent&#039;s and siblings. As far as income goes we qualify for a mortgage of 343k but only have the down payment(amount of savings we realistically want to use) for a 150k house. But if we could get the 8k up front we would be able to get around 250k which is perfect for our area and needs.</description>
		<content:encoded><![CDATA[<p>For example, my husband and I have been renters for 10 years.. since we got married. We have also had 3 children in that time frame, making it hard for us to save up a large down payment. We have had multiple banks/brokers/real estate agents, ask us if anyone in our family or circle of friends could help with a down payment. First we wouldn&#39;t ask, and no they don&#39;t. We make more than our parent&#39;s and siblings. As far as income goes we qualify for a mortgage of 343k but only have the down payment(amount of savings we realistically want to use) for a 150k house. But if we could get the 8k up front we would be able to get around 250k which is perfect for our area and needs.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: paulagweaver</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-39055</link>
		<dc:creator>paulagweaver</dc:creator>
		<pubDate>Fri, 26 Jun 2009 23:36:14 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-39055</guid>
		<description>I have a question that no one has been able to answer for me. My boss owns alot of rental property he is now selling. He finances the loans himself. So can a first time home buyer purchasing a home from him use the $8,000.00 tax credit? If so how do you go about the process of making it happen? If anyone knows of a website to answer these questions I would appreciate the info on it. Thanks&lt;br&gt;PD</description>
		<content:encoded><![CDATA[<p>I have a question that no one has been able to answer for me. My boss owns alot of rental property he is now selling. He finances the loans himself. So can a first time home buyer purchasing a home from him use the $8,000.00 tax credit? If so how do you go about the process of making it happen? If anyone knows of a website to answer these questions I would appreciate the info on it. Thanks<br />PD</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: carol</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-34833</link>
		<dc:creator>carol</dc:creator>
		<pubDate>Sat, 13 Jun 2009 00:13:13 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-34833</guid>
		<description>My question is who is going to make  sure that the homebuyer is going to get the tax credit?  What if the buyer owes $10,000 in taxes at the end of the year, their $8000.00 credit will be taken to cover the taxes owed and then how is the loan paid back? My guess is that it won&#039;t be paid back and then the lenders, making the bridge loans, are left holding the bag for the loan defaults.  I think this program is a bad idea, there are too many collection issues that have not been addressed.  Once again as with the bank bail-outs we are rushing into a perceived solution that will turn into our next crisis.</description>
		<content:encoded><![CDATA[<p>My question is who is going to make  sure that the homebuyer is going to get the tax credit?  What if the buyer owes $10,000 in taxes at the end of the year, their $8000.00 credit will be taken to cover the taxes owed and then how is the loan paid back? My guess is that it won&#39;t be paid back and then the lenders, making the bridge loans, are left holding the bag for the loan defaults.  I think this program is a bad idea, there are too many collection issues that have not been addressed.  Once again as with the bank bail-outs we are rushing into a perceived solution that will turn into our next crisis.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: carol</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-33549</link>
		<dc:creator>carol</dc:creator>
		<pubDate>Fri, 12 Jun 2009 17:13:13 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-33549</guid>
		<description>My question is who is going to make  sure that the homebuyer is going to get the tax credit?  What if the buyer owes $10,000 in taxes at the end of the year, their $8000.00 credit will be taken to cover the taxes owed and then how is the loan paid back? My guess is that it won&#039;t be paid back and then the lenders, making the bridge loans, are left holding the bag for the loan defaults.  I think this program is a bad idea, there are too many collection issues that have not been addressed.  Once again as with the bank bail-outs we are rushing into a perceived solution that will turn into our next crisis.</description>
		<content:encoded><![CDATA[<p>My question is who is going to make  sure that the homebuyer is going to get the tax credit?  What if the buyer owes $10,000 in taxes at the end of the year, their $8000.00 credit will be taken to cover the taxes owed and then how is the loan paid back? My guess is that it won&#39;t be paid back and then the lenders, making the bridge loans, are left holding the bag for the loan defaults.  I think this program is a bad idea, there are too many collection issues that have not been addressed.  Once again as with the bank bail-outs we are rushing into a perceived solution that will turn into our next crisis.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buttercup</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-32417</link>
		<dc:creator>Buttercup</dc:creator>
		<pubDate>Fri, 05 Jun 2009 00:56:16 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-32417</guid>
		<description>I&#039;m a confused realtor.  The financial lending institutions are out for the big bucks. I&#039;m not quite sure how this going down, but it sounds like complete choas once again.  No one is around to regulate the rules and regulations and everyone makes up their own game plan.  If you don&#039;t do this, this won&#039;t happen. What a mess!  Go back to the basic&#039;s.  Lower the downpayment percentage rate for the buyer&#039;s. If the buyer has the good FICO scores and qualified income - give the buyer a loan.  Too many new FHA /loan programs are going to confuse the average Joe.  Not to mention the rest of the CHIEF&#039;s running around.</description>
		<content:encoded><![CDATA[<p>I&#39;m a confused realtor.  The financial lending institutions are out for the big bucks. I&#39;m not quite sure how this going down, but it sounds like complete choas once again.  No one is around to regulate the rules and regulations and everyone makes up their own game plan.  If you don&#39;t do this, this won&#39;t happen. What a mess!  Go back to the basic&#39;s.  Lower the downpayment percentage rate for the buyer&#39;s. If the buyer has the good FICO scores and qualified income &#8211; give the buyer a loan.  Too many new FHA /loan programs are going to confuse the average Joe.  Not to mention the rest of the CHIEF&#39;s running around.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MortgageMods.org &#187; Blog Archive &#187; What Happened to the FHA Plan to ‘Monetize’ the Homebuyer Tax Credit?</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-31639</link>
		<dc:creator>MortgageMods.org &#187; Blog Archive &#187; What Happened to the FHA Plan to ‘Monetize’ the Homebuyer Tax Credit?</dc:creator>
		<pubDate>Wed, 27 May 2009 20:05:14 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-31639</guid>
		<description>[...] analysts when it offered a program that allows buyers to get into homes with nothing out of pocket. Washington Independent also wonders if the bridge loan program won’t be targeted by companies that offer high-rate loans [...]</description>
		<content:encoded><![CDATA[<p>[...] analysts when it offered a program that allows buyers to get into homes with nothing out of pocket. Washington Independent also wonders if the bridge loan program won’t be targeted by companies that offer high-rate loans [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: NoteMod.org &#187; Blog Archive &#187; What Happened to the FHA Plan to ‘Monetize’ the Homebuyer Tax Credit?</title>
		<link>http://washingtonindependent.com/44050/first-time-home-buyer-program-ripe-for-abuse/comment-page-1#comment-31633</link>
		<dc:creator>NoteMod.org &#187; Blog Archive &#187; What Happened to the FHA Plan to ‘Monetize’ the Homebuyer Tax Credit?</dc:creator>
		<pubDate>Wed, 27 May 2009 19:19:09 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=44050#comment-31633</guid>
		<description>[...] analysts when it offered a program that allows buyers to get into homes with nothing out of pocket. Washington Independent also wonders if the bridge loan program won’t be targeted by companies that offer high-rate loans [...]</description>
		<content:encoded><![CDATA[<p>[...] analysts when it offered a program that allows buyers to get into homes with nothing out of pocket. Washington Independent also wonders if the bridge loan program won’t be targeted by companies that offer high-rate loans [...]</p>
]]></content:encoded>
	</item>
</channel>
</rss>

