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Highlights of the Housing and Economic Recovery Act of 2008

By
Real Estate Agent with John R. Wood REALTORS

On July 31, the President signed into law H.R. 3221, the Housing and Economic Recovery Act of 2008, a sweeping, nearly 800-page housing law, unlike anything we've seen in a generation. Shrouded in controversy, the bill has a number of provisions which have been exhaustively debated and politicized in the media ever since.

 Here are the highlights below:

Housing & Economic Recovery Act of 2008 First-time Homebuyer Tax Credit

National Association of Realtors Government Affairs Update

 

H.R. 3221, the Housing and Economic Recovery Act of 2008

Download this chart in PDF for distribution Click Here

See more about this Act and Click Here

 

For the best information when purchasing or selling a home. Contact someone that is current with what is happening with the housing market and economic recovery efforts.

Call Garren Grup, REALTOR ®...

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Comments (2)

Dee Nofziger
|Key Realty | Maumee Toledo Real Estate Blog - Toledo, OH
Maumee Real Estate, Toledo Homes, Key Realty

Very useful Garren! Thanks a bunch!

Dee

Aug 25, 2008 11:55 AM
Mike Klijanowicz
Cummings & Co. Realtors - Perry Hall, MD
Associate Broker @ Cummings & Co. Realtors

This bill was the biggest JOKE!  I don't know of anyone this has helped, but I DO KNOW PLENTY OF PEOPLE WHO CAN'T AFFORD THEIR PAYMENTS!!!

Sep 08, 2008 12:46 AM