Blogs By Brian

"What!!!!"

"Is our Congress nuts?"

Those were my thoughts when I saw the $15,000 non-refundable tax credit for all homebuyers had been reduced to $8,000 for first time homebuyers only.

Here I was looking for a dramtic increase in sales in the upcoming months with $15,000 to each home buyer. It was glee! Excitement! Finally some hope to get housing back on track.

Then, thud - in the second to last paragraph of an article in the News Tribune about the so-called, "Economic Stimulus Package" I saw it. The $15,000 stripped from the bill.

What does Congress think about the current real estate market? I don't think they think much about it. It appears they think more about spending our money for "programs" that fit within their political scope, than they do about getting our economy out of trouble.

I saw it said best in this quote by a colleague of mine, "When the president signs on this bill, $50 will be the new $20 in America."

Recently, people have been calling me about the financial hardships they are in and trying to find the solution to get out of trouble.

There are options out there for those who are struggling and there are people who can help and support through the process.

This article I found, Is a Loan Modification Right for You?, provided some great insight for me as a real estate agent helping people through these difficult financial times.

Feel free to comment and share what you are finding works and what is not working. The more we work together to get people through these tough times, the better it will be for our country. God Bless America! It starts with one person at a time to make a real difference.

Next week: There are three basic ways to approach a mortgage modification, according to consumer advocates.

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