KENNETH R. HARNEY - The Buffalo News

Share this article

print logo

KENNETH R. HARNEY


WASHINGTON — Whether you already own a home or are thinking of purchasing, the new tax legislation pending before Congress poses serious questions: Am I going to get smacked with punitive new taxes? Will the value of my home decrease because previous real estate tax benefits have been stripped away? Or am I one of the lucky ones, well insulated against big losses? Prosp…

WASHINGTON — Here’s an important question for anyone hoping to buy a home next year but who isn’t quite confident about qualifying for a mortgage: Is it true that lenders have eased up on certain key requirements, making it simpler for first-time buyers and others who can’t pass all the strict tests to get approved? The good news answer is yes. A recent survey of banks …

WASHINGTON -- If you hoped that Senate Republicans would treat homeowners and buyers more kindly in their tax overhaul plans than their colleagues did in the House, you were an optimist. It didn’t happen. In fact, the Senate tax bill released last week is harsher on residential real estate in some areas than the House version, with two notable exceptions: Senate tax wri…

WASHINGTON — The message sent by Republicans in the tax overhaul bill they launched last week is unmistakable and blunt: We think homeowners and buyers have gotten much too sweet a deal from the federal tax code for far too long — and now we’re going to whack them down. No other major sector of the economy gets hit so hard in the proposal in so many places as homeownership…

WASHINGTON — The political jostling and frenetic lobbying on Capitol Hill over the Republican tax overhaul bill are producing unexpected developments that could prove important to home owners, sellers and buyers. The drafting of legislative language is a work in progress behind closed doors, but it appears that there have been some key changes in thinking since the Whit…

WASHINGTON - If you’ve been pondering how you as a home owner or buyer might fare under the new Republican tax overhaul plan, here are a few points to consider. Although the tax proposal got fattened up a little over the summer -- moving from a White House “outline” of barely one page to a “framework” now consisting of nine pages -- there’s been minimal meat added to th…

You may not know her by name. You may not have the foggiest notion of how her banking institution af fects the cost of your mortgage money and even the value of your real estate.But if you're a home-owner, prospective home-buyer, renter, builder or realty agent looking ahead to 1990, you're likely to be in sync with Martha R. Seger. She's the only woman governor on the…

'Twas the week before Christmas and on a hushed, chilly night you could hear the capital city's special sound of the season: the clatter of the Internal Revenue Service's printing presses, cranking out Uncle Sam's gift to you and yours -- the 1989 Tax Form package.Sobering but true: The new, improved, shortened and more understandable Form 1040 and Schedule A are roll…

A bipartisan congressional coalition has warned federal housing secretary Jack Kemp that his department is dragging its feet on a subject that seriously affects the shape, cost and availability of homes for hundreds of thousands of Americans: accessibility standards for handicapped persons.Not only is Kemp's Department of Housing and Urban Development (HUD) causing po…