Losing a home to foreclosure is a truly disheartening experience for too many homeowners these days in Lewiston-Auburn or Augusta Maine. It’s an unfortunate outcome for many otherwise model citizens: typical hard-working adults who fall victim to circumstances which are sometimes simply beyond their ability to control. It can happen for any number of unforeseen reasons: illness, divorce, or simply the repercussions of the larger economic forces in Central Maine that cause a job loss or closure of a business enterprise. Whatever the cause, when a foreclosure happens the immediate problem is “‘Where do I live now?” quickly followed … (0 comments)
maine real estate market: Homebuyer Tax Credit Extension
- 10/26/09 01:31 AM
The National Association of Realtors reported to its membership that early this week the Senate will be voting on 2 amendments that would extend the 1st time homebuyer tax credit. NAR is supporting the Dodd-Lieberman-Isakson amendment since it extends the credit to June 30, 2010 and expands the credit to all buyers (with income limits of $150,000/$300,000 for single/married taxpayers) not just 1st time homebuyers. The 1st time homebuyer tax credit has given a boost to the Maine Real Estate market for both buyers and sellers. Extending this will help to continue this trend. Please contact Senators Snowe and Collins and … (5 comments)
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