Pass ed . To amend the Internal Revenue Code of 1986 to extend the homebuyer tax credit for the purchase of a principal residence before October 1, 2010, in the case of a written binding contract entered into with respect to such principal residence before May 1, 2010, and for other purposes. Woo .
In Which I Call the Bottom of the Charlottesville Real Estate Market
I wonder if I’m going to be right. … I think we’re going to see a bottom of the market in or by 4th Quarter 2010. If we can achieve mere stagnation by then, I will be pleased. We’re not going to know the bottom until we have the benefit of 18 months of hindsight.
Now This is Interesting – Altos’ Market Mapper
Get Charlottesville real estate market reports delivered to you based on where you are interested … var partnerId = ‘52708950’; var chartServer = ‘charts.altosresearch.com’; var regServer = ‘www.altosresearch.com’; Very interesting. So if you’re looking for market data in Scottsville, click there and sign up (spam free as always), in the City of Charlottesville, click. I’d like to be able to re-center and save the map, because very few of my readers and clients are interested in Richmond and there seems to be One note: ignore the data prior to September 2009; there was a glitch in pulling the data. I’ve added this as a page to RealCentralVA as well .
Show Notes from Sunday’s Radio Show Discussing Charlottesville’s Real Estate Market
Assessments are a starting point when looking at market value. – Pricing a home to sell in Charlottesville – price it right from Day One, regardless of what you need or want to make. – What are some of the steps to take in preparation/anticipation of selling a home? … Less about staging and de-cluttering and more about the psychological steps taken to prepare for selling. – Selling vacant homes in Charlottesville – – This is the story about vacant homes and homeowner’s insurance – Getting rid of the house. – ” Accidental landlords ” – Accidental Landlords and the Shadow Inventory – What if – you can’t sell your home for more than you paid for it? … Businesses are held to different standards than homeowners – right, wrong ? – Fannie Mae Cracking Down on Walkaways – Fannie Mae’s Announcement – “Fannie Mae will also take legal action to recoup the outstanding mortgage debt from borrowers who strategically default on their loans in jurisdictions that allow for deficiency judgments” – Lenders Chase Borrowers for Money Lost in Foreclosures – “In many states — such as Florida, Illinois, New York, Texas, and Virginia, to name a few — lenders have the legal right, known as a deficiency judgment , to go after borrowers who owe money on their foreclosed home. … Is the Charlottesville area housing market accessible to to seniors? – What is the Charlottesville real estate market doing right now ? – — Ignore the national real estate data — Charlottesville and Albemarle foreclosures are increasing — Detroit’s bulldozing homes ; Charlottesville’s not that bad. — One of the reasons that the Culpeper market has been hurt so badly – It’s the exurbs .
Home Buyer Tax Credit Closing Extension Has Life – H.R. 5623
From GOP.gov (bolding mine): H.R. 5623 would extend the homebuyer tax credit of up to $8,000 for the purchase of a principal residence before October 1, 2010. … The bill would provide any homebuyer who entered into a contract on a home by April 30, 2010, but have been unable to go to closing within the required 60 days; the provision would extend the closing date for an additional 90 days. … Under current law, taxpayers who submit a bad check or money order to the IRS must pay a penalty of 2% of the amount of the check or money order. … ] This provision would extend the authority of the Department of Homeland Security to implement fees related to the recently-enacted Travel Promotion Act for one year, through fiscal year 2011.
Albemarle County Schools Fighting Obesity Epidemic
“Even in a regular suburban neighborhood, we’re going to have more children walking to fewer bus stops, as opposed to some of the door-to-door service,†said Josh Davis, the schools’ transportation director. … I understand that not all area of Albemarle County have sidewalks or safe walking paths to bus stops or schools, but for those areas and neighborhoods that do have such infrastructure, why not walk a few more yards?
…I read an article on Salon.com awhile back that said that in the 1960s, more than 90 percent of kids who lived within a mile of school walked or bicycled to school on a regular basis.
…The net result of all of this is that today an estimated 30 percent of all morning traffic is attributable to parents driving their kids to school, a practice that was virtually unheard of a couple generations ago.
Twitter Week in Review
Prepping for this morning's radio show on @WNRNradio at 11am. Talking about the state of the Charlottesville real estate market. # Walking a half mile to a bus stop? What are these people, crazy/heartless/sadists?? http://bit.ly/bwpkbl # RT @cvilledave: Great 2nd goal by Ghana. However, they dive more than the Italians. So much time wasted by their fake injuries. # Loyalties aside, flopping is shameful &…