President,Elect,Obama,take,iss business, insurance President Elect Obama’s take on issues concerning real estat


As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise.  Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The


Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin-top:0in;mso-para-margin-right:0in;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0in;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:"Calibri","sans-serif";mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;}Senator Obama swept to an historic and decisive victory inthe presidential elections to become the first black president in America.  He must now trek through the on-going crisisin the country by forging his promised “Change”.  At present, real estate is one of those issues which needs  to be addressed. The newly elected president alsohas a series of plans to both builders and buyers.  President Elect Obama’s take on issuesconcerning real estate is a welcome change that should delight both buyers andbuilders.·        Falling property prices and the rising number offoreclosures are key concerns in real estate. Mortgage –holders and builders are likely to be the focus of a widerange of initiatives.  In this direction,Mr. Obama has already proposed a mortgage tax credit for home buyers who don’titemize deductions. We still imagine more aggressive relief is likely to besought. ·        In an interview during his eventful presidentialcampaign, Mr. Obama had mentioned measures to ease mortgage crisis.  He has called for the creation of a $10billion foreclosure prevention fund that will work in tandem with state, localand community.  This is to help householdsfacing foreclosure to renegotiate with lenders or put their house on themarket.  In the long term, the Stop FraudAct would create criminal penalties for mortgage professionals found guilty of fraud. This would increasefunding for federal and state enforcement of antifraud programs.  ·        Mr. Obama  also wishes to create a simplified,standardized metric for calculating the costs of a home mortgage that would besimilar to the annual percentage rate used by the banks to identify effective interestrate that a borrower pays for a loan. ·        He also proposes changes in the transportfacility to needy neighborhoods.  In thisregard, federal Jobs Access and Reverse Commute program are to be doubled so asto ensure that additional federal public transportation dollars flow to thehighest-need communities. ·        Mr. Obama has also expressed a goal of makingall new buildings carbon-free by 2030.  Thislaw has already made its first move by allowing a high tax credit for users of“energy-efficient” sources of energy like solar or wind energy.   Infuture, Obama has proposed introduction of competitive grant program torecognize states and localities that take steps to implement new building codesthat prioritize energy efficiency.   ·        He has also proposed certain tax reforms such assimplifying tax codes that would help general public.   With the implementation of these measures, ouranxiety brewed from today’s real estate market is sure to see some signs ofease in the near future.

President,Elect,Obama,take,iss

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