Have you read the news lately? Looking at the new health care bill that has passed did you read the 2700 pages inside that bill?

If you took the time to read it then good for those who could stand reading all the fine points of this bill...

Here is a big one - For real estate transaction there will be an increase of tax being paid of 3.8% click link to see the highlights

http://www.spokesman.com/stories/2010/mar/28/health-laws-heavy-impact/

Tax on Home Sales. Imposes a 3.8 percent tax on home sales and other real estate transactions. Middle-income people must pay the full tax even if they are "rich" for only one day - the day they sell their house and buy a new one. this is just one of the excerpts from the article....

With all the Short Sales that are going on if our real estate market and if the  trend has not bottomed out will then this continue to hurt it?

Another note: H.R. 5072 where FHA is looking to pass the bill that will increase the mortgage insurance for FHA loans which will increase the cost to our buyers / consumers how will this impact our business?

Wathc video from Frank & Brian of Think big Work Small - http://www.thinkbigworksmall.com/mypage/archive/1/51188

Give a big Thanks to these guys for trying to hellp our industry get more information out ot everyone!!!

Will have more featured topics coming soon on www.SeattleMargo.com