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I'm Sooo Confused... Which Is NOT My Normal State of Being!!!

By
Real Estate Agent with RE/MAX CROSSROADS

Is there anyone out there running in the 'Rain who can actually tell me WHAT this Stimulas Plan 2009 contains?  I read, listen to the news, and to comments of others, but I don't know what's going on!  Is there a complete list of exactly what HAS been approved(by the House, Senate and Mr. President) and signed into law?  And how will this affect the Real Estate industry? 

I'm still of the opinion that if this money needs to be distributed, give it to EVERY American citizen,18 and over, and watch this economy get STIMULATED!

 All comments welcome...

Posted by

KATHY OPATKA... Cell:              410-430-1860         410-430-1860... I LOVE REFERRALS!

RE/MAX Crossroads... 

11551 Coastal Highway, OCEAN CITY, Maryland  21842 ... A Wonderful RESORT TOWN!

Office: 410-723-3600  Email: kathyopatka@yahoo.com  Website: www.kathyopatka@yahoo.com

Licensed in Maryland & Delaware... Serving OCEAN CITY,MD and The Delaware Beaches: Bethany, Rehobeth, Dewey, Lewes, & Fenwick Island!

Show All Comments Sort:
Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

The nearest I can tell it will buy votes but not much else in the short term. Ther is a first time home buyer credit.

Feb 19, 2009 07:30 AM
Karl Peidl
Moorestown, NJ
Accredited Loan Consultant

Kathy - Please check out my recent post showing the new first time home buyer tax credit and how it compares to the previous program.  I will also be posting additional info about the new stimulus package in the coming days. 

Feb 19, 2009 07:48 AM
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

Hey, Kathy. It's like our real estate contracts here in California. It's written in legal mumbo jumbo that requires an attorney -- or many attorneys -- to decipher it. I perused it and I discovered that it contains the word "the" 12,572 times. That stimulated me -- LOL.

Feb 25, 2009 09:41 AM
Barbara Delaney
Park Place REALTORS, Inc. - Roanoke, VA

Dear Kathy,

The only part of the stimulus package that I really pay attention to is the first time buyer credit.

The package was signed by Obama on President's Day, or so I hear! Accountants are beginning to disseminate info on the ins and outs. There are several excellent posts on AR addressing this issue.

Check out the posts and forward to your accountant for review.

Buyers around here are very excited about it!

Barbara

Mar 05, 2009 08:05 AM
Pam Simpson
Bob Leigh & Assoc., LLC - Senatobia, MS
GRI, Broker-Assoc.

Kathy - I don't know what is in the stimulus package but I LOVE your idea about how to stimulate the economy! 

Mar 27, 2009 12:41 PM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Gov't can stay out of our pockets entirely.

That I would find stimulating!

Aug 07, 2009 10:33 AM