So … Has the Tax Credit Closing Deadline Been Extended? Maybe.

I’m reading this morning that the amendment was approved: The Senate has amended a bill to give homebuyers who were under contract on a home purchase by April 30 an additional three months to close the deal and claim the federal homebuyer tax credit. … I read this on the OpenCongress site – Dems Lose Big on Unemployment Insurance/Tax Extenders Vote After two weeks of solid debate — and two weeks of people having their unemployment insurance cut off because of congressional inaction — the Senate this morning took their first test vote on passing H.R. 4213 , the “American Jobs and Closing Tax Loopholes Act of 2010.” … As you know, Senator Reid has been supporting an amendment to H.R. 4213 that would extend the deadline for closing for the homebuyer tax credit from June 30 to September 30. … But also yesterday, earlier in the day before Senator Reid’s amendment, the Senate voted against a motion that would move closer to ending debate on the bill and passing it.

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Pick up this week’s C-Ville – Living as a Charlottesville Local

(#10) If you’re in town, pick it up for their “Summer in Charlottesville” insert; I think it’s quite excellent. If you’re not, let me know and I’ll scrounge up a copy for you. … One or the other. 🙂 ( #15 ) While you’re there, feel free to vote for yours truly as “best real estate agent” in Charlottesville . ** why the asterisks? Because when folks refer to “Charlottesville” they typically are referring to “the Charlottesville area” – meaning Charlottesville and Albemarle, and often Nelson, sometimes Greene, frequently Fluvanna and sometimes Louisa.

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Monday Reading – Strategic Defaults and Tax Credit Extenstions

Renewing the first-time home buyer’s credit will help Americans purchase a first home with their own money, instead of having to rely on government-funded or backed programs.

… As soon as the proposed amendment to the H.R. 4213 – the American Jobs and Closing Tax Loopholes Act of 2010 is posted on either GovTrack or OpenCongress , I’ll note it here.

…With the FairTax, mortgage interest rates fall by about 25 percent (about 1.75 points) as bank overhead falls; this is a huge savings for consumers. … Lower interest rates, the repeal of the income tax, the repeal of all payroll taxes, and the prebate mean that people have more money to spend and have an increased opportunity to become homeowners.

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Charlottesville Twitter Week in Review – 13 June 2010

Time to head to C’Ville to watch the # worldcup # 1/3 of the properties I’ve shown today are foreclosures http://post.ly/jHsR # For the life of me, I can’t find the amendment that speaks to the proposed extension of the homebuyer tax credit. http://bit.ly/bdBWT1 Help? … # Glenn Reynolds: Higher education’s bubble is about to burst | Washington Examiner http://post.ly/jAEk # I love that: more pubs/bars in Charlottesville are showing all the World Cup games & that they are telling (cont) http://tl.gd/1q22f8 # RT @ cvilledave : RT @ cvillecharlie : RT @ cvillecharlie The Timberwood Grill | Charlottesville World Cup 2010 @ (cont) http://tl.gd/1q1dqr # RT @ edibleCville : Good news! … Even the ones that start at (cont) http://tl.gd/1q1cs1 # I GUESS THERE MUST STILL BE PEOPLE WITH JOBS HE HASN’T ALIENATED: Obama Puts Mortgage Interest Deduction on Chopping … http://post.ly/j65x # Anyone else having problems with Verizon wireless phone service in Charlottesville today? … 5 AYES, 1 No # 22932 [wow.] # @ gingergermani I’m following updates via @ tfjtolson on Twitter & @ NeilSWilliamson on Facebook in reply to gingergermani # Median Price per Sqft, Average Days on Market for Single Family Properties in CROZET, VA http://post.ly/isv4 # Who’s going to to the public hearing about the proposed gas station in Crozet?

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Vacant Homes for Sale in Charlottesville and Albemarle – June 2010

In January of this year, I looked at the number of vacant homes for sale in Charlottesville and Albemarle . … 2 – Sometimes the sellers are more negotiable, basing their asking prices on what the house is worth rather than what they need to make. As with all homes for sale, there is no rule, consistent percentage to offer under asking price, rhyme nor reason to sellers’ motivations to sell or price.

… Related Posts : Vacant homes in 2007 Vacant Homes (January 2007) Consistently Vacant Homes in Charlottesville (2008) Vacant Homes and Homeowner’s Insurance Raw Data :

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