Good article discussing consumer’s behavior in a down market and the decision rather to rent or buy. Also, check out the rent vs. buy calculator link at the bottom.
Tax Credit & NFIP Extension Update
Congress voted to add the Tax Credit & National Flood Insurance Program extension for the required closing date on pending contracts written prior to April 30, 2010 so buyers can still receive the $8,000 tax credit. The National Association of Realtors is going to bat for the home buyers that are purchasing bank owned homes and short sales that are taking longer than 60 days to close. It was a great success and proof that hard work pays off. Home buyers that went under contract by April 30th and will qualify to receive that Tax Credit now have until September 30th, 2010 to close on their deal. It is projected that this extension will help over 150,000 home buyers!
Keep in contact with your representatives and make sure we get this tax credit extended. This is the first hurdle to get the extension put on HR 4213. The bill still needs to receive 60 votes to pass.
Hello world!
Hello! Welcome to Integrity Realty’s blog. You will be able to find answers to common problems that come up in residential real estate transactions. You will also be able to find tips you can follow when making your next purchase or selling your home. Out blog is meant to be a one stop resource to educate the public on all things real estate as well as informing our community about the important news and exciting events in our local community! Make sure you follow us on our blog, facebook & twitter. We have included some helpful links on the right hand side. If you have a questions or suggestion, please feel free to submit it by email to: ReeltorBinner@gmail.com
