Like many, you are probably hearing bits and pieces of news about the Housing and Recovery Act that became law this week. There are a lot of "bits and pieces" -- it's a big law that covers lots of topics, from financing to foreclosure relief to vacation home tax issues. Over the next week or so, I'll be writing a number of individual blog posts that you may find of interest. I'll be connecting the implications of the new law to the Flagstaff real estate market and Flagstaff home buyers and sellers.
Two topics that I know I will be covering are the "first-time buyer tax credit" (which is really a loan that you have to repay to the feds!) and the vacation home tax changes - which will not help the Flagstaff real estate market. Here's the first post: Details on New Law's Tax Credit for First-Time Home Buyers.
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Ann loves selling real estate. Ann works with a team of in order to provide you the best real estate experience ever! The best advice about the market, selling your home, or finding your dream home
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Ann- this is good to know. Since you are also an Attorney I think you will be able to explain it well. Many people don't understand, and pick one thing to either like or dislike :)