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Weighing In on the Real Estate Tax Credit for First-Time Home Buyers

By
Real Estate Agent with Florida Property Experts
Real Estate Reports and Updates. By Lisa Hill, "THE SMART CHOICE!"

scales of justiceYesterday, Florida REALTORS® received an e-mail today about the "American Recovery and Reinvestment Act" which is the $8000 tax credit for qualifying first-time home buyers. The e-mail came from the Florida Association of REALTORS® (FAR), asking Florida REALTORS® to contact their state representative, and contained a link to a form letter to e-mail.

I just posted the actual e-mail as a topic for discussion on LinkedIn, in the "Real Estate Services" group. If you haven't joined the group, feel free to do so, and feel free to post your own topics for discussion in the group =)

But on this post, right here on Active Rain, I'd like to know what REALTORS® from EVERY STATE are hearing from the National Association of REALTORS®. Are you being asked to contact your state representatives?

After commenting here, if you'd like a more in-depth discussion, feel free to carry it over to the Real Estate Services group on LinkedIn. I've posted the exact e-mail, as I received it, in the group there.

Thanks for commenting!

Lisa Hill Daytona Beach native and real estate agent for Adams Cameron Realtors in Daytona Beach FL

Adams Cameron Realtors of Daytona Beach FL

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Comments(5)

Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Lisa, Maryland has not brought up this subject yet but it sure sounds like a great idea. Many first time homebuyers need the assistance up front. Rich

Apr 29, 2009 10:19 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Lisa,

Missouri is working on a plan for an additional amount of money that iwll be repayable if you sell your home before being in it for five years.  After that time you will not have to repay it.

Apr 29, 2009 12:15 PM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

Richard & Don- This is good to know. I didn't realize different states were actually adding to the plan, thus making it even more appealing. That's great!

Apr 30, 2009 01:18 PM
Not a real person
San Diego, CA

I clicked on the link to read the form letter, and the message screen says that the issue has been deactivated.

May 02, 2009 09:17 PM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

Thanks Russel. I just removed the link from this post. You can read the message on LinkedIn.

May 03, 2009 09:52 AM