A Beginner Golfer scrubbed his tee shot into the woods, then hit into a few trees, then hit across the fairway into another woods. Finally, he proceeded to hit into a sand trap. All the while, the club professional had been watching.
"What club should I use now?" he asked the pro. "I don't know," the pro replied. "What game are you playing?"
Now for some more serious information:
In the link below is a good Wall Street Journal article, and with the new stimulus bill now passed by both the house and senate, and with it being signed by the president on Tuesday – this market will be even bigger!
The new Stimulus provides -
1. $8,000 tax credit for 1st time homebuyers (defined as not owning a home the last three years just like the current provision) but it is a pure credit. There is language about possible repayment in first three years if sold – we will send the details after signing by the President. The credit is also retroactive to January. Again, be sure to read the final language as signed.
2. Raising loan limits back to last year’s levels. This will help especially in higher sales price markets.
Click on this link for the entire Wall Street Journal article-
http://online.wsj.com/article/SB123431356988570855.html
Thursday, February 19, 2009
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