Real Estate Blog
Thursday, July 29 2010
Letters To The Editor:
I wanted to share with your readers a story about community service and generosity in our lovely community. This time of the year, our neighborhood is exploding with flowers, green manicured lawns and beautiful shady trees. However, the long street leading into our development has been an eye sore! It was looking very shabby due to years of overgrown weeds and vines. Since no one lives on this street, it was not going to get spruced up without some community effort. So began a campaign with all the neighbors that we "green" this area with perennials. Everyone agreed and a week later some 50 beautiful perennials, donated by generous neighbors, were dropped off by my mailbox for planting.
Monday, July 05 2010
Congress Passes Homebuyer Tax Credit Closing Deadline
President Obama Will Sign Into Law
After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623).
The extension applies only to transactions that have ratified contracts in place as of April 30th, 2010 that have not yet closed.
The legislation is designed to create a seamless extension. The new closing deadline for eligible transactions is now September 30th, 2010.
There will be no gap between June 30th, 2010 and the date the President signs the bill into law.