Blog entries tagged with "economic stimulus":


economic stimulus: What a waste (at least, in my opinion)! - 06/25/08 12:38 PM
I'm not one to complain about receiving $600 in the mail. But when it comes down to the check I got from the government for the economic stimulus package, I would have rather not gotten it at all.
Would you like to know why?
most people didn't even spend it, it … (12 comments)

economic stimulus: Economic Stimulus Package - Potential Benefits to Homebuyers - 06/23/08 06:57 PM
Did you know that there are potential benefits of the economic stimulus package to homebuyers?
In the spring of 2008, Congress approved legislation that raises the ceiling on the dollar amounts of the loans the FHA can insure. In the past, homebuyers who needed bigger loans typically applied for "jumbo … (0 comments)

economic stimulus: 5 Ways to Spend Bush's Economic Stimulus Check - What's Your Opinion? - 05/28/08 10:56 AM
AR Professionals.  I am spending mine on personal development.  Next week I will attend an 80 hour Broker license training course.  How Will you spend yours?  1.)  Buy a tank of gas or two :) 2.)  Download 660 songs from i-tunes 3.) Upgrade to premium cable channels for a whole year 4.) … (5 comments)

economic stimulus: PHISHING SCAM ALERT RE: IRS ECONOMIC STIMULUS REBATE - 05/15/08 10:50 AM
Please Alert Your Clients to This Email/Phone Scam
Last night I posted a version of this to get the word out fast but there were very few AR'ers online. I received the email below yesterday purporting to be from the IRS regarding how to collectmy IRS Economic Stimulus Rebate. IT IS A SCAM. Note … (2 comments)

economic stimulus: PHONE/EMAIL SCAM RE: IRS Economic Stimulus - 05/15/08 12:26 AM
Please Alert Your Clients to This Scam
I received this email today purporting to be from the IRS regarding collecting my IRS Economic Stimulus Rebate. It is a scam. Note that the link listed does not even include www.irs.gov. I apologize for the poor resolution of the screen shot. (I'm still learning … (6 comments)

economic stimulus: Should the Government Clean Up the Mortgage Mess? - 05/05/08 10:44 PM
Any time the government gets involved in a bipartisan intervention, you should be scared.  Their track record of successfully implement something both parties agree to is dismal, at best.  And right now, both parties are working to have the government intervene to clean up the mortgage mess.
Let's expand a bit … (12 comments)

economic stimulus: House Panel Ok's Similar Bill Passed by Senate: Government Bailout Program Ok' ed (at Taxpayer Expense) - 04/23/08 09:42 PM
Democrats (go figure) pushed a $15B bailout plan through today. The program will provide money to cities and counties in the form of grants and loans (suspect mostly grants).  The intent is so the local governments hit hardest by the housing crisis can become the new "flipping houses" investor, maybe even … (3 comments)

economic stimulus: Economic Stimulus for America? - 04/21/08 09:05 AM
Well, we have now approached the time when Americans are heading to the mailboxes to pick up their much anticipated economic stimulus payments of $600.00 for a single person or $1200.00 for married couples. We've heard now for 3 months since this package was legislated by our Congress and President that … (14 comments)

economic stimulus: Economic Stimulus Package - Orlando Real Estate news - 04/16/08 06:32 AM
Basic Information on the Stimulus PaymentsYou've heard about it. Now find out how to get yours.What is it? It's an economic stimulus payment that more than 130 million households will receive starting in May. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you … (2 comments)

economic stimulus: Basic Information on the Stimulus Payments for My Orlando Florida area readers - 04/15/08 08:46 PM
Basic Information on the Stimulus PaymentsYou've heard about it. Now find out how to get yours.What is it? It's an economic stimulus payment that more than 130 million households will receive starting in May. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you … (1 comments)

economic stimulus: Economic Stimulus Package? - 03/26/08 07:43 AM
As part of the "economic stimulus" package you may have heard the Bush Administration said each and every one of us would now get a nice $600 rebate. If we spend that money at Wal-Mart, all the money will go to China. If we spend it on gasoline it will all … (18 comments)

economic stimulus: Economic Stimulus Tax Rebates To Be Sent May 2: IRS Announces Its Schedule For Sending Out Payments - 03/25/08 12:20 PM
Economic Stimulus Tax Rebates To Be Sent May 2:
IRS Announces Its Schedule For Sending Out Payments
The IRS has said it will begin sending out 130 million tax rebate payments aimed at boosting the economy on May 2.
The order in which tax filers will receive their rebates will be based on the … (0 comments)

economic stimulus: Clinton Striving For Upper Hand On Mortgage Crisis - 03/25/08 07:55 AM
As Tampa Realtors, we know that the number of Tampa short sales and foreclosures has skyrocketed over the last few years.  Hillary Clinton has released a plan to help the economy and get control over the mortgage crisis.  The plan was submitted to the President and Ms. Clinton is calling for … (9 comments)

economic stimulus: Chester Community Grocery Co-Op: Sustainable Economic Stimulus - 03/11/08 08:25 PM
by Rich Schiffer
After reading Amy Brisson's article in the Delaware County Times, I feel compelled to respond:   She titled her article, "Chester's Community Grocery Co-op wants to expand."  For the sake of Chester, I truly hope they succeed, as their effort represents a level of "revitalization" that the community truly will … (2 comments)

economic stimulus: Minnesota Mortgages & The Economic Stimulus Package-MN Mortgage broker - 03/10/08 08:46 PM
You have been reading about all of the economic stimulus package benefits but probably don't know how it affects you if you live in Minnesota.  A common question I receive is: 
What impact does the stimulus package have on borrowers?
Let's start by looking at the magnitude of the plan.  The new Economic Stimulus Act … (0 comments)

economic stimulus: The Economic Stimulus Package of 2008 Makes Homes More Affordable - 03/08/08 03:07 PM
Great News for Buyers!  The Economic Stimulus Package of 2008 has several parts that make buying a home much more attractive:1)    The FHA Modernization Act Increases the FHA loan limit in Los Angeles and Orange Counties to the maximum of $729,750.  2)    The conventional loan limit has also been increased to … (0 comments)

economic stimulus: New FHA/HUD Loan Limits Announced ! - 03/07/08 01:30 PM
Last week, President Bush signed into law a $152 billion economic stimulus bill that includes temporary increases in loan limits for the government sponsored enterprises ie. Freddie Mac, Fannie Mae and FHA until December 31. In order to help sort all of this out Realtor.Org has put up a page explaining … (2 comments)

economic stimulus: NAR Operation Tip-Off - 02/29/08 01:27 PM
OPERATION TIP-OFF  NAR Successful In Injecting Housing Components in Federal Economic Stimulus Package  January 25, 2008-Good news for struggling homeowners and the housing market. Yesterday the House of Representatives, along with Treasury Secretary Paulson, on behalf of the Bush Administration, announced a bipartisan economic stimulus package with provisions that can help jumpstart the … (0 comments)

economic stimulus: White House to Veto Foreclosure Bill: Democrats & Republicans at odds over proposed provisions - 02/26/08 05:53 PM
White House to Veto Foreclosure Bill
Democrats & Republicans at odds over proposed provisions
The White House has promised to veto a bill that would come on the heels of the recently approved economic stimulus package. This new bill would add provisions that are supposedly aimed at helping homeowners who are heading towards … (8 comments)

economic stimulus: How is the recent passage of the stimulus package going to effect the market? - 02/26/08 04:32 PM
First, the smart buyer will use the tax rebates to buy down their interest rates for the life of the loan.  More importantly, the increasing of the conventional and FHA loan limits will provide a much needed boost to demand in the higher ranges, which have slowed dramatically since the drying … (0 comments)

economic stimulus: Cash Strapped Consumers Choosing Between Risk of Car Repossession and Foreclosure? - 02/24/08 07:34 AM
Well, apparently the credit card companies see some problems down the road if the economy continues to worsen, which is what is predicted. The Economic Stimulus Plan is of interest because consumer studies show that when consumers know they are going to get a check in the mail, they generally spend … (7 comments)

economic stimulus: Tips you can use: Economic "Stimulus" 2008 - 02/22/08 11:32 PM
Tips you can use:         Economic "Stimulus" 2008                         February 22, 2008I have been fielding calls and e-mails on this subject and thought it would help to provide my overview of what is happening. If you have further questions, contact me or discuss them with your tax advisor during your upcoming appointment.Late on … (3 comments)

economic stimulus: President Signs "Economic Stimulus" Bill - 02/15/08 09:29 AM
February 15, 2008 Well, the President signed the Economic Stimulus Bill HR 5140 on Wednesday. From our perspective, the increase in the conforming loan limits and FHA loan limits are the most important components of the bill.  Unfortunately, the reality of the new bill presents a mixed bag.  Congress did not … (0 comments)

economic stimulus: Good News for Home buyers - 02/11/08 05:58 PM
The  economic stimulus bill, expected to be signed in to this week, contains some welcome relief for homeowners.  The maximum loan limits for "conforming loans" will be increased.  In some, high costs areas, it could be as much as $729,750.  FHA loan limits are also increasing, but I don't have that … (0 comments)

economic stimulus: Is There a Home Buyer's Tax Credit In Our Future - 02/08/08 10:18 AM
I  am a franchise owner of a very progressive privately owned real estate and related-services provider.  While many of the corporate franchises in my neighborhood are focusing on increasing ways to get a dollar out of a client, my firm is focused on increasing ways to bring buyers and sellers into the … (0 comments)

economic stimulus: Realtors- Be Proactive! Contact Your Senators About The Economic Stimulus Package. - 01/31/08 02:35 PM
I am not usually one to be politically active or vocal, but I think this is an important issue for ALL of us realtors, Democrats and Republican.  The current loan limits on FHA and Fannie Mae and Freddie Mac loans are absurd for many parts of the country, they certainly are … (3 comments)

economic stimulus: Economic Stimulus Package Great News for Homeowners - 01/29/08 12:38 PM
There is breaking news that has the potential to SAVE YOU thousands of dollars. While it is not my style to be alarmist, I thought that the significance of these developments warrants your attention.The agreement on an economic stimulus package, as announced today by the White House and United States Congress, … (3 comments)

economic stimulus: Conforming Loan Limits stymied by Senate causes concern for Stimulus Package. - 01/26/08 10:42 PM
According to the Chronicle Staff Writer James of the SFGATE.com GOP is flagging resistance to increasing the conforming Loan Limits that allow FannieMae, and FreddieMac to purchase loans above the $417,000 treshold.
Unfortunately, a handful of Senators that don't realize that a combination of events have literally killed economic growth for Calirornia and the nation and it will … (1 comments)

economic stimulus: President Bush and Congress’ economic stimulus package effect on the OC housing market - 01/26/08 08:01 PM
Interest rates have dropped substantially in recent weeks and are reaching historic lows.  President Bush and Congress' economic stimulus package that they are pushing through at warp speed will not only put checks into taxpayers pockets around May of this year, it will also include an increase to the conforming loan … (0 comments)

economic stimulus: NAHB-Congress should make housing incentives key part of Capitol Hill economic stimulus package - 01/24/08 10:30 PM
I recommend reviewing and supporting this by calling the office of Montana's Senator, Max Baucus, chairman of the Senate Finance Committee. Contact Jim Messina (202) 224-2611 (Messina is Baucus's Chief of Staff)Here is a truncated portion of the article:January 24, 2008 - The National Association of Home Builders (NAHB) took out … (4 comments)

economic stimulus: Economic Stimulus: A Lesson From Charles Dickens - 01/20/08 10:46 AM
by Rich Schiffer, Weichert Realtors We are all familiar with the Charles Dickens story of Ebenezer Scrooge.  One night he was startled from a dream by the rattling of chains by the Ghost of Jacob Marley, and before morning, he had realized the error of his ways, and sent a young boy off to … (30 comments)

 
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