Mack's Blog

Sent: Tuesday, May 05, 2009 1:13 PM > Subject: Fw: WD-40 Update > > >> >> >> >> A lady got up very early one morning and went outside to pickup the >> Sunday paper, she noticed someone had sprayed red paint all around the >> sides of the neighbors brand new beige truck. She [...]

Earlier this year, Congress passed the American Recovery and Reinvestment Tax Act of 2009 (”2009 Tax Act”). In division B, Title I, Section 1006, there is a provision for a First Time Homebuyer Tax Credit (Form 5405) up to $8,000 or 10% of the purchase price. This act provides for an exception for principal residences [...]

The National Association of REALTORS says over 50 percent of March’s home sales were tied to first-time buyers, many of whom snapped up foreclosed homes and other distressed properties. Experts believe getting first-time buyers off the sidelines to take advantage of historically low interest rates and federal tax credits will reduce the glut of homes [...]