Let's face it - few people want to take the time to go through the legal jargon of any type of legislation, but the new Housing & Economic Recovery Act is worth investigating.
For a great summary of the provisions of the bill, check out the following article from the National Association of Realtors:
Summary of Key Provisions of H.R. 3221 - The Housing Stimulus Bill
This should get you started, but please don't hesitate to contact me if you have any specific questions regarding this bill.
Whether you are a buyer or a seller, this bill could have a serious impact on your next real estate transaction. Educate yourself and use it to your advantage!!! Those who don't will come out on the short end of the stick.
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