Realtors Push on Congress to Extend Tax Credit

October 23, 2009

Daily Real Estate Updates

sudler-sothebys-logo23 October 2009 ?For buyers who want to take advantage of the First Time Home Buyer Credit that expires November 30th, 2009, this weekend is probably your last chance to get under contract to meet the deadline. The National Association of Realtors® has been lobbying on behalf of their members to extend and expand the tax credit program. Overall, the program had a positive effect on the housing market including those related to trades and professions associated with housing transactions. Some are directly involved in the transaction such as the Realtor®, lender, title company, appraiser, inspector and attorney. Others are at arm?s length like, the handyman, plumber, contractor and home stores that get the benefit of what the new buyer needs to buy for their new home. Unfortunately there are always a few who try and get what they are not entitled to leading to Congress to look at questionable claims.

Email This Post To a Friend. Email This Post To a Friend.
, ,

About Andrea Geller

Andrea Geller, Realtor® with Sudler Sotheby?s International Realty, specializes in residential real estate sales and marketing of resale properties and new construction homes. Acknowledged as an expert in the real estate industry, Andrea has been interviewed for industry related articles for print and online media including the Chicago Tribune, Crain's Chicago Business, Reuters, Bankrate.com, and Illinois Realtor Magazine. Andrea's commitment extends to the community as an active member of several professional associations. Her appointments include the Board of Directors of the Chicago, Illinois, and National Association of Realtors® and the Lakeview Chamber of Commerce. She markets herself under HOT PROPERTY®, an innovation in the real estate industry led by Chaz Walters that has been marketed since the 1990s. This unique real estate concept is always a step ahead of the industry providing marketing from cutting edge interactive exposure to targeted innovative advertising opportunities. Visit her at www.hotpropertychicago.com or 773.868.3090.

View all posts by Andrea Geller

Trackbacks/Pingbacks

  1. Obama Signs Tax Credit Extension for Home Buyers | The Chicago 77 - November 9, 2009

    […] was set to expire on December 1, but because of a continued weak economy and the efforts of  Realtors, it will now remain in effect through the end of June 2010.  To qualify, buyers must sign a […]