Housing Recovery on the Horizon?

Hey folks you know just the other day I was at the office and I could not help but over hear another agent battling with a bank to replace an incompetent…okay inept bank representative assigned to the short sale he was working.  After his called ended we engaged in some interesting dialogue that resulting in him showing me a email reply that he had received from that same bank. 

Without mentioning the bank, the email basically stated that the bank in the determination of the current market value of the property did not consider or utilize any foreclosures.  In fact the bank went on to say that while foreclosures are prevalent in the marketplace they are not significant enough to essentially impact or be the driving force of sales in the marketplace. 

Characteristics of Successful People!

Hey everyone….it seems that lately in the news gloom & doom continue to be the featured items on the menu.  Yeah, its real easy to get caught up in the daily soap opera of event revolving around BP,escalating unemployment, health care, various political escapades, and the economy.  Hmmmmm….Crime seems to be on the decline, well at least lately according to statistics.  Maybe because it’s just been so darn hot everywhere its a health risk now to wear the offical black attire of criminals.  Ask the recently celebrated criminal known as the barefoot bandit!  

Fayette County Deadline for Property Assessment Appeals is June 17th!

Hey Fayette County…a very important deadline is approaching quickly!  Property Assessment notices were sent out on or about May 3rd to all property owners in Fayette county by the Fayette County Board of Assessors.  It is their job to provide the fair and uniform appraisal of your property for the specific purpose of determining your proportionate share of taxes.  

Local Sports Champion Heads to Eugene, Oregon for NCAA Track & Field Nationals!

Hey Peachtree City…..The Memorial Day holiday is the official start of the summer season!  Yes this is the time were food, fun, and frolic are at the fore-front of our itineraries.  For you sports enthusiast there is the NBA playoffs, NASCAR, baseball, and of course……golf! 

So what has all this to do with homes, mortgages, and the economy?  Absolutely nothing!  However, I wanted to take a minute and give some recognition to our son who through hard work, courage, tenacity, and just sheer athletic ability has managed in 4 years to make a huge mark on the track and field community.  

Isakson Praises Unanimous Passage of His Amendment to Strengthen Sound Mortgage Lending!

Hey Peachtree City…..as you know I have been pretty vocal in communicating with our elected officials here in Georgia about issues related to fiscal responsibility, financial reform, and housing recovery.  As a result, I have received personal correspondences from our Senators and well as now receiving emails blasts related to their actions and activities related on these same issues. 

Recently, I received an email that contained the latest press release from Senator Johnny Isackson expounding on the Senate’s passage of his amendment to the financial reform bill which was co-sponsored by Senator Mary Landrieu, a Democrat from Louisiana.  Flashback to April 22, 2009, the Senate passed an amendment by Isakson to the senate version of the financial fraud bill to create the Financial Crisis Inquiry Commission.  President Obama signed the Bill into law shortly after on May 29, 2009.  

Life After the Housing Tax Credit?

Okay Peachtree City, I apologize because it has been a minute since I’ve posted an article.  But honestly I have been swamped with assisting first time home buyers get their deals closed by the deadline which was April 30th.  After I finally got a chance to take a breather I had to stop and think about what would happen now that the tax credit is gone.  Did this initiative help stabilize our fragile economy or was it all just a waste of taxpayers monies to the tune of approximately $35 billion?

First-Time Homebuyer Credit Extension for Members of the Military & Certain Other Federal Employees!

  Hey Peachtree City……The Worker, Homeownership and Business Assistance Act of 2009, which was signed into law on Nov. 6, 2009, is about to sunset on April 30th.  To take advantage of the tax credit of up to $8,000 you must be under contract by April 30, 2010 and close by June 30, 2010.    

However, what you may not have know is that there were different guidelines for member of the military and certain other federal employees:

April 1st is the Deadline for 2010 Census Info….Have You Sent Yours In?

Hey Peachtree City and folks all over our wonderful state of Georgia.  I have just one question to ask, “Have you returned your census information?” 

Okay, I’ve heard all the excuses why folks have not sent their in yet.  If you have a legitimate one, I’d like to add it to the list and make your voice heard.  However, just so you know….this information is mandated by law.  Additionally, the law required that all census data be returned by April 1st.  By the way, that why they have that question there about how many people will reside at your particular address as of April 1st. 

Possible Tax Hikes on the way for Peachtree City?

 

Hey Peachtree City…..facing a projected shortfall of $757,128 for fiscal year 2010-2011 and a projected $621,674 shortfall in the current year’s budget…..Peachtree City Council is looking at making some tough decisions.  Officials are not only contemplating using reserve funds but also projecting tax increases.  City staffers are projecting a .269 mill property tax hike for fiscal year 2010-2011 which begins on October 1st.  This increase would be equivalent to a $26.90 property tax increase for homes with a fair market value of $250,000.

Next Biggest Breakthrough for Clean Energy….Bloom Box?

Hey Peachtree City…..did you watch 60 Minutes?  Well maybe you aren’t an Andy Rooney loyalist but just in case you missed it, there was an interesting interview by Leslie Stahl on a fuel cell start up company called “Bloom Energy.”  In fact the San Jose-based company is having a launch party on Wednesday.  There has been quite a bit of stealth around this company but for some reason they decided to unveil and reveal its secret on 60 Minutes.

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