Extension of the Tax Credit passes in the Senate.

By
Real Estate Agent with www.mrbrownsellsgr.com 6502377287

Extension of the Tax Credit passes in the Senate.

  Wonderful news for those still in the midst of trying to close their transactions in order to receive the (up to) 8000.00 Tax Credit  2010.  They made the deadline of April 30th, 2010 to get the transactions accepted and now the date of June 30th, 2010 is steadily approaching to have the deals closed by then. Not likely to happen in this market. Hmmm. Why could they not anticipate from the beginning  that people who were buying short sales that those deals would take longer than expected. Remember we’re dealing with lots of uncooperative banks.

 It’s called forecasting. Look ahead and anticipate what may or may not happen. Extend the date with as little fanfare as possible. This is just MHO. That’s neither here nor there now. Buyers can relax, title companies and lenders can be more thorough and Realtors can stop pulling  their hair out figuring how can we close by the end of the month. Breathe a sigh of relief for a moment. In this business something new and startling is just around the corner.

http://www.google.com/hostednews/ap/article/ALeqM5gyeaY6RTkGpP0yC5IUaTXUXLpe6AD9GCIFFO0

 

Robert L. Brown

Bellabay Realty

616 366 7030

www.mrbrownsellsgr.com

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Robert L. Brown
Associate Broker
Bellabay Realty
Primary: 616 528 0736
Office: 616 871 1309
brownsellsgr@gmail.com
www.mrbrownsellsgr.com
www.bellabayrealty.com

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Robert...Very true words you have written.  But, there is a small percentage where the Agent told the buyers..."Don't worry, we will get it done", even though they knew it could never happen in that time frame.  (I know of 2 such cases in my area alone!)

Jun 16, 2010 03:45 PM #1
Rainmaker
512,159
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic

There is a story for every deal out there William. 

Jun 17, 2010 04:45 AM #2
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Rainmaker
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Robert L. Brown

Grand Rapids Real Estate Bellabay Realty, West Mic
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