|
Greetings!
Thanks
for taking the time to read our monthly newsletter!
This issue is full of tips to stay afloat in this
challenging market. Remember, this best tip we can
give you is to bring your closings to Louisiana Titile!
Enjoy!
____________________
|
|
|
2009 Homebuyer Tax Credit
The homebuyer tax credit is one of 10 key provisions
of the American Recovery and Reinvestment Act signed
by President Obama into law on Feb. 17, 2009.
The bill provides for a $8,000 tax credit that would
be available to first-time home buyers for the
purchase of a principal residence on or after January
1, 2009 and before December 1, 2009. The credit does
not require repayment.
Read more...
Soucre:
www.realtor.org |
|
Let us shower you with savings this April!
Bring your next closing to Louisiana Title
and receive
$100 off
Call or email for more information
225-769-2900
cldodd@louisianatitle.com
|
|
4 Questions You Need to Answer Today
Ten years ago, people still viewed real estate brokers
and salespeople as information providers. Today, any
person with an Internet connection can access most of
what they need to know about the real estate market,
including how much their house is "worth."
Note the quotation marks? That's where your new role
comes into play. Although buyers and sellers may have
the information right in front of them, they don't
always fully understand the meaning. Your job is to
offer the expert insights that will help them
interpret the information.
Read more...
Source:
www.realtor.org |
|
The Local Corner:
Positive Happenings In Louisiana
RESPA: Changes at the Closing Table
The federal government late last year finalized
sweeping reforms to settlement rules for residential
transactions.
April 2009
The goal: Help consumers more easily understand
settlement costs and prevent big price discrepancies
between the preliminary Good Faith Estimate and the
HUD-1 settlement statement that's presented at
closing. Here's a look at the main changes:
Lender cost estimates. When filling out the GFE,
lenders are permitted to use an average for estimating
third-party costs such as appraisals, inspections, and
environmental tests. This could make filling out the
form easier and faster for lenders and reduce the
likelihood of the transaction running into trouble at
the closing when actual costs are presented on the
HUD-1 form. Effective date: Jan. 16, 2009
Read more...
Source:
www.realtor.org |
|
| |
