With the recently passed American Recovery and Reinvestment Act of 2009, expected to be signed as soon as it hits the President’s desk, many are wondering what might be in it for them.
Well, with $790,000,000,000 there is room for a LOT of people to find a bit of cash. These are the ones that directly relate to housing:
But I’m not posting that today…
Instead I am going to talk about the Stimulus Bill and why it really isn’t a good idea for real estate…
I just ran across a story in the AJC about a bill before the legislature that would force cities and counties to not ignore foreclosures when they are appraising homes for tax purposes.
Basically, currently and historically, cities and counties don’t
These kind of stray away from blanket misconceptions and are more opinion… based, I feel, in observed circumstance… It is also a two-fer. One for sellers and one for buyers.
I almost hate using the words on the blog because Google is going to find out and people are going to come rushing in for short sale and foreclosure information… But, what they heck…
There is a very common misconception that the only way to get a deal is to buy