About Columbia's Irmo

Lately there have been a lot of rumors floating around about what will come of the tax credit for first time home buyers. Will it be extended? Will it be expanded to include all those that buy a home and not just first time home buyers? The truth is that at this point none of us know for sure.

But what is the possible backlash of all the rumors that the $8,000 first time home buyer tax credit will be extended or expanded? Isn't it possible that some buyers who would have bought a home will now sit back down on the fence to wait and see what will happen? For now all we know is that the credit is here now and it will expire December 1st.

But with members of Congress now introducing bills to extend and expand the credit, there are many people who wonder if they hold out longer will they get a better deal.

In the beginning the issue with buyers sitting on the fence was mainly centered around price. Prices were declining and buyers were waiting for the "bottom" of the market in an effort to get the best deal possible. Now could we be setting ourselves up for another reason to sit back on that fence and see what else the Government will throw their way?

At some point this will all have to come to an end and there will be no more tax credits. As for now no new tax credits have been passed and the current first time home buyer credit will come to a close the first December of this year.

Columbia, SC Real Estate

Recently I saw a news report that said our Governor, Mark Sanford, seems to have disappeared. His office has not really commented on his where abouts, and when Mrs. Sanford was questioned she told reporters that she is unaware of his location. The only thing she knew was that he said at one point he needed some time away from the children to write something.

If this seems a little ambiguous, you are not alone. The only thing that I really know at this point is that news stations are reporting that the Governor of South Carolina is currently missing. Friends who were contacted by the media have made the statement that he is tired after a hard battle at the State House due to the stimulus package that Stanford did not want to accept from the Federal Government. However, they also report that they do not know where he is either.

So with all that in mind, if you see Mark Sanford out anywhere, tell him to call his wife. If she really doesn't know where he is, she is likely a little worried at the moment. If you get the impression that I do, that she knows where he is and he just wants the media to leave him alone, then just ignore the guy if you happen across him. He may just want to take a day off.

www.jlboney.com