Making sense of the Financial Regulations Bill for Buyers

Filed under: Current Events, Current Mortgage Rates, Finance, Making Home Affordable, Mortgage, Mortgage Rates, Real Estate Market, Tax Issues, VRN | No Comments »

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.

Filed under: Buying, Current Events, Homebuyer Tax Credit, Money-Saving, NAR, Real Estate Market, Tax Issues, VRN | No Comments »

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.

Filed under: Current Events, Homebuyer Tax Credit, Money-Saving, NAR, Politics, Real Estate Market, Tax Issues, VRN | No Comments »

Get the latest appraisal news and analysis.

Appraisal Foundation, Appraisal Institute In Dispute

House Offer Includes Sunset of HVCC

Filed under: Finance, Home Improvement, Real Estate Market, Selling, Tax Issues, VRN | Comments Off

The FairTax ensures that everyone earning above the poverty level would pay federal taxes. Loopholes would not exist and Social Security and Medicare funding would be ensured.

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“Robin Hood” opens this weekend. Robin Hood is famous for stealing from the rich and giving to the poor, which made him a folk hero in 12th century England. Nowadays, we call that sort of thing “communism.” Hehe.

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Everyone knows tax increases are coming.

But a Wall Street Journal editorial explains that these hikes will be bigger than expected, with taxes on dividends nearly tripling.

Last week, the Senate Budget Committee passed a fiscal 2011 budget that includes a 164 percent increase in the top dividend tax rate to 39.6 percent from 15 percent now.

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Take advantage of this great opportunity to save money and help the environment when you buy new household appliances.

In addition to rebates offered by Southern California Gas Company, you may also be eligible to receive rebates through California’s “Cash for Appliances” rebate program.

Filed under: Current Events, Green Living, Home Improvement, Tax Issues, VRN | No Comments »