The President has signed the Homebuyer Tax Credit legislation, extending & expanding the tax credit. Legislation includes some modifications to the existing tax credit which will become effective December 1st. The National Association of Realtors has created written materials below explaining the original and modified Homebuyer Tax Credit.
Seattle Real Estate News
- Can historic home in Normandy Park be saved?A beachfront residence designed by Seattle's Paul Thiry, known as the "father of Northwest modernism," may be soon destroyed if a buyer is not found. The unique home — built in 1962, the year of the Seattle World's Fair, for which Thiry was principal architect — is a massive, concrete behemoth that needs someone able to pay the $240,000 n […]
- Posh Four Seasons project in downtown Seattle faces liens, lawsuitsMore than a year after downtown Seattle's $120 million Four Seasons Hotel and Private Residences opened to considerable fanfare, a dozen firms that designed and built the ultraluxury project say they haven't yet been paid. […]
- Selig plans no changes to project next to Sculpture ParkDeveloper Martin Selig plans no changes in his proposed 14-story luxury apartment building next door to the Seattle Art Museum's Olympic Sculpture Park. […]
- Weyerhaeuser sells a Federal Way building at deep lossWeyerhaeuser sold a 100,000-square-foot office building near its Federal Way headquarters to a Bellevue developer for $8.2 million. […]
- Homeowners to be paid to sell at a lossIn an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. It now will take a new approach: paying some of them to leave. […]
Welcome to the blogging world! Great start.