Historically more paint is sold this weekend than any other time of the year. Many Realtors will be quite busy showing homes and writing contracts. Others take the time to relax. Most importantly all us should remember what the weekend is really about-and it is not to kick off the summer season.
For some ideas of what to do this weekend you might want to check out Memorial Day. Org where they remind us how to properly observe this day. Among the thoughts there are some things we all could do:
Maybe you will just want to watch the National Memorial Day Concert on PBS.
Whatever you and your family do this weekend. Please remember to remember.
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Looking for a Tallahassee Realtor? Are you searching for a seasoned real estate professional that knows homes in Tallahassee and the real estate market and can get the results you desire? Are you in the market to buy or sell a home in the Tallahassee, Florida area? Let me put my knowledge and experience to work for you.
My goal is to help people find the best home for the best price with the most protection and least amount of stress possible. If this sounds like what you want, please allow me the opportunity to earn the right to serve your real estate needs. Call me, Michael Lee today at (850) 339-9346.
Michael Lee
Tallahassee Realtor
Homes in Tallahassee
Piney Z Specialist
Daily Real Estate News | May 12, 2009 |
Tax Credit Can Be Used for Down Payment
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment.
Previously, most buyers wouldn't receive the funds until after they filed their tax return, and that deterred some people from using the credit. The NATIONAL ASSOCIATION OF REALTORS® has been calling for the change.
"We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a down payment," Donovan says. His remarks came in an address to several thousand REALTORS® gathered Tuesday morning at "The Real Estate Summit: Advancing the U.S. Economy," at the 2009 REALTORS® Midyear Legislative Meetings & Trade Expo in Washington, D.C..
He says FHA's approved lenders will be permitted to "monetize" the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.
Other Solutions for Today's Market
During his address at the summit, Donovan went on to say that the Obama administration plans to further stabilize the housing market. "I do think we have some early signs that the market overall is stabilizing," Donovan says. "Since January we've seen both home sales moving up and down around a relatively stable number and we are seeing the first signs that the rapid decline in home prices is starting to abate."
The morning session included a panel discussion that was moderated by CNBC's Ron Insana. Panelists examined cutting-edge solutions necessary to promote and preserve homeownership and real estate development, stimulate the economy, and protect the nation's taxpayers. They also shared their ideas on what the role and responsibility of the federal government is in the revitalization effort.
"Right now the Federal Reserve is the market," said panelist Jay Brinkman, chief economist for the Mortgage Bankers Association. "What will be the effect when the Fed stops buying?" Brinkman explained that an exit strategy must be planned for the long-term; the federal government cannot continue to support the mortgage markets indefinitely.
"We are thrilled that so many high-caliber individuals were able to join us today at this important meeting to promote stability in the housing market and the U.S. economy," said NAR President Charles McMillan. "We look forward to an ongoing dialogue and action toward this goal, during our midyear meetings this week and beyond."
The real estate summit is part of the 2009 REALTORS® Midyear Legislative Meetings & Trade Expo. During the week ending May 16, more than 8,500 REALTORS® will attend meetings, visit lawmakers and inspire action on Capitol Hill.
Source: NAR
For more information give me a call at 850.339.9346.
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Looking for a Tallahassee Realtor? Are you searching for a seasoned real estate professional that knows homes in Tallahassee and the real estate market and can get the results you desire? Are you in the market to buy or sell a home in the Tallahassee, Florida area? Let me put my knowledge and experience to work for you.
My goal is to help people find the best home for the best price with the most protection and least amount of stress possible. If this sounds like what you want, please allow me the opportunity to earn the right to serve your real estate needs. Call me, Michael Lee today at (850) 339-9346.
Michael Lee
Tallahassee Realtor
Homes in Tallahassee
Piney Z Specialist
Just finished seeing Hugh Jackman in X-men Origins: Wolverine at the Tallahassee Governor's Square Theaters and it was outstanding! I enjoyed it more that any of the X-men movies to date.
While it of course had the requisite action, the story was actually interesting and believable as well. Jackman does a terrific job of acting, his Wolverine character is so different from the guy who hosted the Oscars or dances on broadway.
No plot points or spoilers here. Just a recommendation to see a highly entertaining movie. So, there you have a REALTORS review of the new X-Men movie. Reduce the stress in your life and see this movie this weekend.
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Looking for a Tallahassee Realtor? Are you searching for a seasoned real estate professional that knows homes in Tallahassee and the real estate market and can get the results you desire? Are you in the market to buy or sell a home in the Tallahassee, Florida area? Let me put my knowledge and experience to work for you.
My goal is to help people find the best home for the best price with the most protection and least amount of stress possible. If this sounds like what you want, please allow me the opportunity to earn the right to serve your real estate needs. Call me, Michael Lee today at (850) 339-9346.
Michael Lee
Tallahassee Realtor
Homes in Tallahassee
Piney Z Specialist
Things are heating up about the use of a particular Chinese produced drywall. Reports are everywhere that the product produces a rotten egg smell and may in fact release a toxic gas.
Have you heard about this?
Many have not. The reported use of this drywall is limited and the simplest thing to do is not panic, but if you are buying a home, ask. As of yet I have not heard of a test, or other way to tell if this product might be in your home. Home inspectors out there...any answer to this?
Ingreid Lehrfeld of the Wall Street Journal yesterday reported a major lawsuit against the Lennar Corporation. Lennar is reported to have used the Chinese drywall from 2005-06 in homes it built in Florida. Lennar is suing two separate Chinese manufacturers from whom they purchased drywall.
Again, whether we are talking asbestos shingles, polybutylene pipes or now Chinese drywall the important thing for a homeowner or prospective homeowner to do is check it out. I would want to know.
Now finding a remedy is the question mark and for this answer stay tuned. Certainly in the near future we will find what a person with Chinese drywall in their home should do. The answer may be replace it, but the answer may be more like polybutylene pipes. If it has not had a problem, then you are probably okay.
This is one we will just have to stay tuned...
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Looking for a Tallahassee Realtor? Are you searching for a seasoned real estate professional that knows homes in Tallahassee and the real estate market and can get the results you desire? Are you in the market to buy or sell a home in the Tallahassee, Florida area? Let me put my knowledge and experience to work for you.
My goal is to help people find the best home for the best price with the most protection and least amount of stress possible. If this sounds like what you want, please allow me the opportunity to earn the right to serve your real estate needs. Call me, Michael Lee today at (850) 339-9346.
Michael Lee
Tallahassee Realtor
Homes in Tallahassee
Piney Z Specialist
One of the great things about living in a community like Tallahassee with Florida State University, Florida A & M and Tallahassee Community College is the quality of life provided.
For the second year, Tallahassee is hosting a film festival. What a fantastic community event. For more information go to: http://tallahasseefilmfestival.com
Just another reason why Tallahassee is such a great place to live, work and play! Check out other Tallahassee events at my website.
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Looking for a Tallahassee Realtor? Are you searching for a seasoned real estate professional that knows homes in Tallahassee and the real estate market and can get the results you desire? Are you in the market to buy or sell a home in the Tallahassee, Florida area? Let me put my knowledge and experience to work for you.
My goal is to help people find the best home for the best price with the most protection and least amount of stress possible. If this sounds like what you want, please allow me the opportunity to earn the right to serve your real estate needs. Call me, Michael Lee today at (850) 339-9346.
Michael Lee
Tallahassee Realtor
Homes in Tallahassee
Piney Z Specialist
Realtor for Leon and Wakulla County. Subdivision expertise includes Piney Z, Myers Park, Buck Lake, Southwood, Evening Rose and Cortona Hills. Tallahassee and Wakulla County residential and commerci
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