Real Estate Information Archive


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Tax Credit Extension Approved

by Tom Stachler from Group One Realty Team - Real Est

Congress Passes Tax Credit Closing Extension

Congress passed an extension of the closing deadline for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). 

This extension applies only to transactions that have ratified contracts in place as of April 30, 2010, that have not yet closed. The legislation is designed to create a seamless extension; the new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30 and the date the President signs the bill into law. 

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Its now illegal to text while driving

by Tom Stachler from Group One Realty Team - Real Est

As of July 1, 2010, it is illegal in Michigan to text while driving and could result in fines.

The law says that reading, typing, or sending a text or email on any wireless two-way communication device behind the wheel is illegal. This civil infraction carries a first-time $100 fine and $200 in fines for subsequent violations.

To read the full story about the new Michigan Texting Ban, please visit at:

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Displaying blog entries 1-2 of 2