The City Council approved a two year contract for a community alerting and emergency notification system, sometmes known as Reverse 911. This community alerting and emergency notification system will send out automated messages on behalf of the City to alert residents.

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This is a question as a real estate agent I often hear. Sellers typically want their property tax assessment to be low so that their taxes are low, so they almost always feel that their home is worth more than the tax assessment indicates.

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Last week’s blog posts pretty much focused on the homebuyer tax credit’s closing deadline. We did our absolute best to deliver the latest news as it happened. Let’s review last week’s posts:
Saturday:
“GUEST POST: ‘All Right! The Deadline Has Been Extended!‘”:
All right! The deadline has been extended to September 30! I work in mortgage banking and have been working [...]

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Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

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Who Qualifies for the Extended Credit?

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UDATE3: President Obama signed a three-month extension of the homebuyer tax credit’s closing deadline this morning.
The president also signed into law the “National Flood Insurance Program Extension Act of 2010,” reports HousingWire.com.
Lawmakers weren’t able to agree on the extension of unemployment benefits before their July 4 recess; they’re expected to continue their debate when they [...]

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New rules just implemented will make it easier for people to correct inaccurate information contained in their credit reports.

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The Senate passed the bill extending eligible closings to Sept. 30, so buyers who were in contract by April 30 can get the tax credit.

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