There are 71 home rule municipalities in Pennsylvania. All 71 have the ability to increase the realty transfer tax. There is no better time to ensure your market isn't at risk.
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There are 71 home rule municipalities in Pennsylvania. All 71 have the ability to increase the realty transfer tax. There is no better time to ensure your market isn't at risk.
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Home rule municipalities, unlike all others, have the advantage of increasing the RTT. Local governments are currently struggling to balance their 2010 budgets and REALTORS® should be asking whether or not their market is at risk.
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The Senate Finance Committee has passed legislation to amend the New Home Construction Local Tax Abatement Act (Act 202) to provide property owners six months from the date of occupancy to submit an application for the exemption.
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Can a seller share with Buyer #2, a home inspection report prepared for Buyer #1?
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We take a lot of HotLine calls having to do with (allegedly) poor home inspections. Members and their clients want to know whether the home inspector is responsible.
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The reality is that the next few months are going to be tough for the national economy, unemployment and the real estate industry. If you attended Dr. Austin Jaffe’s seminar at Monday’s PAR Business Meetings you have probably figured that out.
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Imagine if all real estate transactions had to be referred to you by a company that pays less than half of your typical commission and requires the house to be sold in 48 hours. You may like the steady work or you may not like your paycheck being cut in half.
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That’s the $64,000 question. Even when market fundamentals look bleak, some REALTORS® argue that anytime is the right time to buy a house. Others are more cautious, telling consumers it depends on their individual circumstances. But this is always true, isn’t it? And it doesn’t tell us much more than we knew before we...
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Thursday, May. 17, 2012
