While many are breathing a sigh of relief that Congress has signed a debt ceiling agreement and it has no direct impact on real estate rules, it’s not time to relax yet.
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While many are breathing a sigh of relief that Congress has signed a debt ceiling agreement and it has no direct impact on real estate rules, it’s not time to relax yet.
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PAR issued a Call-to-Action for HB 377 on Thursday. HB377 would repeal the mandated sprinklers in single- and two-family new home construction.
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The PA Senate passed Senate Bill 1481 today, moving it to the House of Representatives for consideration. The bill, introduced by Sen. Wayne Fontana (D-Allegheny), a REALTOR®, would prohibit all future private transfer fees and create reporting and disclosure requirements on the administrators of the private transfer fees that already exist.
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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.
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Sen. Robert Mensch (R-Montgomery) won a special election in Senate District 24, filling the unexpired seat held by former Sen. Rob Wonderling who retired to head the Greater Philadelphia Chamber of Commerce.
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State Rep. Robert Mensch (R-Montgomery) will fill the unexpired seat held by former State Sen. Rob Wonderling.
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Wednesday, Feb. 8, 2012
