Our friends at the Consumer Advocates in American Real Estate (CAARE – www.caare.org) have developed an online petition seeking to extend RESPA’s statute of limitations to 6 years from 1 year. Seeing that consumer rights advocates around the country agree that RESPA protections are under attack, we’d encourage our members to investigate the purpose of the petition and to sign it.
To participate, please click here: http://caare.org/RESPA
Here is something of interest to just about everyone!
The National Association of Realtors is all over this and working to get it repealed, — before it takes effect. But, I am very pleased we aren’t the only ones who know about this ploy to steal billions from unsuspecting homeowners. How many realtors do you think will vote Democratic in 2012?
Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it? That’s $3,800 on a $100,000 home, etc. When did this happen? It’s in the health care bill, — and it goes into effect in 2013. Why 2013? Could it be so that it doesn’t come to light until after the 2012 elections? So, this is ‘change you can believe in’?
Under the new health care bill all real estate transactions will be subject to a 3.8% sales tax.
If you sell a $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation, — who often downsize their homes. Does this make your November, 2012 vote more important?
Oh, you weren’t aware that this was in the ObamaCare bill? Guess what; you aren’t alone! There are more than a few members of Congress that weren’t aware of it either.
You can check this out for yourself at: http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
You can check this out a little further by clicking here for more facts:
I get this question about twice a year from customers and even real estate agents that don’t know why the seller must pay the transfer tax in the State of Ohio. Well, it’s because it’s been written into the law (Ohio Revised Code) - http://codes.ohio.gov/orc/322.02
As noted in this recent article in The Columbus Dispatch, home sales in central Ohio and throughout the state rose for the fifth straight month in November, 2011.
Grab a Realtor Friend and Join us for a “Lunch and Learn”
Eagle is sponsoring a free seminar for real estate agents on September 14, 2011 at 11:45AM EST. Special guest speaker – James A. Zitesman, Attorney at Law. Discussion will be, once you have a buyer or seller, the next challenge is to get to closing. This one hour seminar is presented from a lawyer’s and title agents perspective of how to “Avoid the Land Mines” and get the deal to closing. The seminar is open to all residential real estate agents in the Central Ohio area. This is not a seminar about marketing. There will be no sales pitches, only information that you can use with no further obligation. Lunch will be provided. Space is limited. Reserve your seat now by clicking here!
Eagle is co-sponsoring with James A. Zitesman, Attorney at Law, a seminar for Home Sellers on August 10, 2011 at 7:00PM EST. Discussion will be, once you have a buyer, the next challenge is to get to closing. This one hour seminar is presented from a lawyer’s perspective of how to get the deal to closing. The seminar is open to all sellers of residential real estate in the Central Ohio area, including FSBO and sellers who have realtors. This is not a seminar about marketing. There will be no sales pitches, only information that you can use with no further obligation. Space is limited. Reserve your seat now at: www.zitesman.com.
Take a chance on winning the St. Jude Home of Dreams™ Giveaway and help the kids of St. Jude Children’s Research Hospital. Reserve your $100 ticket for a chance to win the beautiful house, valued at approximately $400,000. The house is located in the Ballantrae subdivision in Dublin, Ohio, and is built by Fischer Homes.
The winner of the St. Jude Home of Dream Giveaway will be drawn on NBC4 on Sunday, October 2, 2011.
Reserve your ticket by July 29, 2011, to be eligible to win the Early Bird Prize: a five-day/four-night Caribbean cruise for four on Norwegian Cruise Line and featuring the cast of Big Time Rush (includes airfare), courtesy of Orange Crush.
Click here to get a ticket!
For most Americans, owning a home means taking out a mortgage. But how can you tell whether you’re getting a good deal, or missing hidden risks? For many homebuyers, answering this question is harder than it needs to be.
Help them make it easier. Weigh in now.
www.consumerfinance.gov/knowbeforeyouowe
Back by popular demand, if you missed out on last months Webinar, we have another. Eagle Land Title is co-sponsoring with the OAITA another free Webinar for Real Estate Professionals on June 8, 2011 at 12:30PM EST.
Discussion will be why you should be using social networks and how to maximize the use of Social Networking. Find out the best Social Networking tactics to connect with and engage your audience.
Join Real Estate blogger, Online Marketing Consultant, and Coach Dave Wirsching for a FREE one hour webinar on the tools, tactics, and methods to move your social media campaigns to the next level. This seminar is ideal for either those who are new to Social Networks or have experience with Social Networks, but are looking to increase engagement. We will cover the ideal networks, methods to connect, how to engage, and steps to build a plan for success.
Space is limited.
Reserve your Webinar seat now by clicking here registering at our main web page.
Free Webinar for Real Estate Professionals on May 3, 2011 at 12:30PM EST. Discussion will be why you should be using social networks and how to maximize the use of Social Networking.
For further details and registration, go to our website at www.eaglelandtitle.com