Tax credit extension and flood insurance
A USA Today story published in today's Florida Realtors News inaccurately said that the U.S. Senate passed a bill extending the closing deadline under the homebuyer tax credit for three months. That is incorrect. The Senate did vote to add that extension as an amendment to a larger bill, but that bill is struggling to find support - a bill that also includes an extension of the expired National Flood Insurance Program.
Call For Action
The larger bill now includes two topics of immediate concern to Florida Realtors, and it might not pass the Senate; and if it does, the House of Representatives must still consider it. The National Association of Realtors has issued a Call For Action, asking all Realtors to email their representatives using NAR's dedicated website. It only takes a few minutes, but only 5 percent of Florida Realtors have participated so far.
Please help pass these vital measures by visiting NAR's Call For Action website at: http://takeaction.realtoractioncenter.com/campaign/nhip_rhs_two
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