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Government Affairs
House expected to vote on Housing Trust Fund next week
PA Association of REALTORS® (PAR) supports the PA Housing Alliance’s effort to establish a housing trust fund. The fund would provide monies to build, rehabilitate and preserve homes for low- to moderate-income individuals and families, senior citizens and persons with disabilities. »
5 Comments »RPAC investments reach $548,964 in 2009
The Suburban West REALTORS® Association claimed back its first place award in the Extra Large Associations/Boards category at the annual REALTORS® Political Action Committee (RPAC) Awards Luncheon this week. The association achieved 164.04 percent per capita fundraising in 2009. »
2 Comments »Several real estate issues to come before state legislature
One of the first issues up in the New Year is the PA Housing Trust Fund. The House is scheduled to vote on legislation creating the PA Housing Trust Fund in the next several weeks, according to Jennifer Shockley, PAR assistant director, government affairs. »
1 Comment »‘Jail bail’ raises RPAC funds
The REALTORS® Political Action Committee (RPAC) Trustees were sprung from the RPAC Jail and Bail and raised $2,485 in cash investments and $5,816 in 2010 pledges at the Triple Play Convention held this week in Atlantic City. »
No Comments »President Obama signs homebuyer tax credit bill
The law extends the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as the principal residence for five consecutive years during the past eight years. »
No Comments »Local elections hinge on real estate issues
From rental inspections to point-of-sale ordinances, local issues played a key role in getting REALTOR®-friendly candidates elected in municipal elections this week. »
1 Comment »Make REALTOR® voice heard by voting in local election
Local elections never seem quite as hot as a presidential election and they never get as much press but voting on Tuesday, Nov. 3 is crucial to REALTORS®. Local officials cover a multitude of issues that REALTORS® deal with every day. »
No Comments »Senators agree to extend homebuyer tax credit
The tax credits would be available to homebuyers who sign sales agreements by the end of April. They would have until the end of June to close on their new homes, according to a summary of the legislation being circulated among lawmakers. »
No Comments »Misinformation creates HVCC confusion
Many REALTORS® think HVCC only affects appraisers but that’s not the case, according to Michelle Czekalski Bradley, PA Certified General Appraiser with Czekalski Real Estate Appraisal. HVCC has an effect on everyone industry-wide including REALTORS® because they’re part of the transaction. »
2 Comments »Recording fees to increase despite PAR opposition
Starting in December it will cost consumers an additional $13.50 to file a document for recordation, thanks to a bill signed into law earlier this month. »
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