CONGRESSMAN PETERS, REALTORS, LOCAL FAMILY DISCUSS HOMEBUYER TAX CREDIT
July 2, 2009 Posted by Michigan RealEstateRama
Families Considering Buying Their First House Have Limited Time to Save Thousands of Dollars on New Home Purchase This Year. Washington, D.C. - July 2, 2009 - (RealEstateRama) — Congressman Gary Peters, the Michigan Association of Realtors and a local family who recently closed on their first home today gathered at the family’s new house to discuss the tax credit available—for a few more months—that can save first time homebuyers thousands of dollars on the purchase of a new home. The American Recovery and Reinvestment Act, the economic recovery plan Congress enacted in February, created a temporary tax credit worth up to $8,000 for first-time homebuyers to help families become homeowners in tough economic times and to spur home sales in a sluggish housing market. Southeast Michigan foreclosure rates are among the highest in the nation (according to RealtyTrac, Oakland County’s foreclosure rate is in the top 5 percent among all counties nationwide), so encouraging the purchase of empty homes is extremely important for the region.
Read the full article: CONGRESSMAN PETERS, REALTORS, LOCAL FAMILY DISCUSS HOMEBUYER TAX CREDIT ...
Governor Rendell Signs Bills To Protect Homeowners From Mortgage Fraud
July 1, 2009 Posted by Pennsylvania RealEstateRama
HARRISBURG, PA - June 29, 2009 - (RealEstateRama) – Governor Edward G. Rendell today signed a pair of bills to combat mortgage fraud by strengthening communication between homeowners and their lenders and encouraging employees at mortgage companies to report illegal activity.
Read the full article: Governor Rendell Signs Bills To Protect Homeowners From Mortgage Fraud ...
NYCIDA Assists Manufacturer & Distributor with Expansion in Queens
July 1, 2009 Posted by NYCEDC
New York, NY - June 30, 2009 - (RealEstateRama) — The Board of the New York City Industrial Development Agency (NYCIDA) has approved a sales and real estate tax incentive package that will help Boundary Fence & Railing Systems Inc. to expand its operations in Richmond Hills, Queens.
Read the full article: NYCIDA Assists Manufacturer & Distributor with Expansion in Queens ...
Oregon’s $27.3 million Tax Credit Assistance Plan approved
July 1, 2009 Posted by OHCS
Salem, OR - June 30, 2009 - (RealEstateRama) – The U.S. Department of Housing and Urban Development (HUD) today approved Oregon’s Tax Credit Assistance Program (TCAP) application, awarding $27.3 million in federal funds to strengthen affordable housing projects throughout the state.
Read the full article: Oregon’s $27.3 million Tax Credit Assistance Plan approved ...
$222.7 Million In Property Tax/Rent Rebates Distributed To Older Adults, Residents With Disabilities
July 1, 2009 Posted by Pennsylvania RealEstateRama
HARRISBURG, PA - July 1, 2009 - (RealEstateRama) – More than 475,000 senior homeowners, renters and people with disabilities will be issued rebates today totaling $222.7 million through the Property Tax/Rent Rebate Program. The number is approximately 58,000 more rebates than were issued last year on July 1.
Read the full article: $222.7 Million In Property Tax/Rent Rebates Distributed To Older Adults, Residents With Disabilities ...
Attorney General Announces Mortgage Fraud Indictments
June 30, 2009 Posted by New Jersey RealEstateRama
TRENTON, NJ - June 30, 2009 - (RealEstateRama) – Attorney General Anne Milgram announced today the indictment of six people charged in three separate, unrelated mortgage fraud cases, including two women charged with spearheading a conspiracy to use stolen identities to obtain more than $1 million in unauthorized mortgages, lines of credit and credit cards.
Read the full article: Attorney General Announces Mortgage Fraud Indictments ...
State Property Tax Rate Set at 12.2 Cents for 2009
June 29, 2009 Posted by Kentucky RealEstateRama
FRANKFORT, KY - June 29, 2009 - (RealEstateRama) — The Kentucky Department of Revenue has set the 2009 State Real Property Tax Rate at 12.2 cents per $100 of assessed value. Kentucky Revised Statute 132.020 requires the Department of Revenue to set the real property rate no later than July 1 of each year.
Read the full article: State Property Tax Rate Set at 12.2 Cents for 2009 ...
Deputy Mayor Lieber and NYCEDC President Pinsky Announce Opening of New Mount Hope Community Center in the Bronx
June 26, 2009 Posted by NYCEDC
New York, NY - June 25, 2009 - (RealEstateRama) - Deputy Mayor for Economic Development Robert C. Lieber and New York Economic Development Corporation President Seth W. Pinsky (NYCEDC) today announced the grand opening of the first phase of the Mount Hope Community Center located at 55 Townsend Avenue in the Bronx.
Read the full article: Deputy Mayor Lieber and NYCEDC President Pinsky Announce Opening of New Mount Hope Community Center in the Bronx ...
Legislation closing loophole in hurricane insurance rules signed into law
June 25, 2009 Posted by Rhode Island RealEstateRama
Providence, RI - June 25, 2009 - (RealEstateRama) — Legislation approved by the General Assembly — to close a loophole in state law regulating hurricane insurance deductibles – has been signed into law and will, according to the bills’ prime sponsors, correct language that could have proved unnecessarily costly to Rhode Island homeowners.
Read the full article: Legislation closing loophole in hurricane insurance rules signed into law ...
Single-Family Housing Starts Hold Their Own in May, CBIA Announces
June 24, 2009 Posted by CBIA
CBIA says state new-home tax credit is generating demand for new homes and construction. SACRAMENTO, CA - June 24, 2009 - (RealEstateRama) — May single-family home starts held their own compared to April, offering additional evidence that the state new-home tax credit is generating demand for new homes and leading to a resumption of job-generating construction, the California Building Industry Association reported today
Read the full article: Single-Family Housing Starts Hold Their Own in May, CBIA Announces ...