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July 2010
Newsletter 51
Home Buyers Get Tax Credit Closing and Flood Insurance Extensions Without Lapse in Coverage; Bills Now Headed to President
The National Association of Realtors commended Congress for timely passage of two bills to extend the home buyer tax credit closing deadline and reauthorize the National Flood Insurance Program. Both bills, strongly supported by NAR, had cleared the House earlier and were passed by the Senate as well. They now head to the president for his signature.
The tax credit closing deadline and the NFIP reauthorization were extended to September 30. NAR worked closely with congressional leaders on both sides of the aisle to enact these important pieces of legislation. Extending the tax credit closing and flood insurance deadlines will help provide additional stability to real estate markets across the nation, NAR said.
The upfront investment is high, but solar pool heaters can lower energy costs by harnessing the renewable energy of the sun.
Homeowners in search of a greener and more economical method of keeping their swimming pools warm are harnessing the sun’s energy. Solar pool heaters can lower energy costs because they rely primarily on a free and renewable energy source, rather than electricity or natural gas.
Mark Smith is Appointed Managing Broker with NextRE
Demand by agents in Lehigh County, Pennsylvania, for affiliation with NextRE has resulted in the nomination of Mark Smith as a regional managing broker to better respond and serve the individual needs of NextRE Associates in the area.
Mark Smith who is currently preparing for the certification and opening of a new NextRE Office facility at 1227 Linden Street, Allentown, has 25 years of real estate experience in the Lehigh Valley, having been a real estate broker, investor and developer since the early1980s. He also holds an associate broker’s license from New York State.
