Hello and Welcome to Friday !
A lot of emphasis is placed on looking at the National stage and spotlight for the latest housing trends and news, but I think that it is also important to look at your local area and see what news is being generated. That being said, it might be that your local market is an exception to the rule vs being an actual microcosm of the true market.
With that statement out of the way, we have a great local paper that I review quite often, called the Long Island Business News (thus, my sermon about checking out your local markets). They just ran an article, titled, "Senate passes tax credit extension", and this was about the extension of the closing date for those purchasing homes under the tax credit. The date was changed from June 30th to September 30th, which gives lenders what they referred to as, "breathing room". One of the attorneys that they interviewed for this article mentioned that he has all of his deals ready to close by the 30th. This is the the case with most of the attorneys we have been speaking with, some of which are listed in our Home Services Section.
Well, the wind up here is this: Thank you, Washington ! Nothing like going down to the wire. But breathing room is good.
CONTEST TIME:
OK, we will be providing a Free Copy of our E-Book, "Secrets of Rent to Own", to the first 5 people who answer the following question:
What city did we begin investing in when we first started our business?
Hint: The answer is very, very easy to find on our website.
We will give everyone the answer on Monday. So quick - dig up that answer on www.Lease2Buy.com and then E-mail me at homebuyer@lease2buy.com with the subject, "CONTEST ANSWER".
Good Luck to Everyone !
Have a Great Weekend, and Happy Rent-to-Owning !
