Charlie Ragonesi Big Canoe Realestate's Blog

A Real Estate Dilemna

OK so let me pose the question. Can you be for fiscal responsibility  AND for extension of the real estate tax credit ? Here is the debate. Many are looking at Government spending and saying, "wow we are out of control." If you buy that argument or are even concerned then how can you be for an extension of the tax credit?

Yes I know ther tax credit has helped. We have benefited from it here. But in almost every program somebody benefits. When a program is cut somebody loses. So are you saying, "cut , but not in my back yard?"

I pose this question because sometimes we are so quick to raise our voices against government spending EXCEPT when it effects us. So now that I have posed the question I think I should get off the fence and give my opinion.

I think we should adopt the Senator from Georgia, Johnny Isaksons plan. He calls for 15,000 home buying credit for a primary residence. No other strings. This is a plan, with a reduced number, he was part of during the S&L problem a while back and it worked. I think Congress should say it will sunset after one year period. As painful as it may be we need a control on spending. Even if that spending some times works for us.

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

The Rush ! (My Prediction)

I am going to make a prediction. Yes I really am the illegitimate child of Nostradamus 14 generations removed!. Or at least some one who watch the amazing Karnak on Johnny Carson. Here it is . Many, many, many, buyers are going to get shut out on the 8k credit because they are going to wait till the last minute. Closing attorneys and banks are going to be even more backed up in this rush and the deadlines are going to be missed. Unless of course the government extends. But the crystal is cloudy on this subject. So tell the fence sitters come September 30 days may not be enough time to close if you are getting a loan.

I see it coming

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes