I recently attended a real estate conference in which the book, The Last Lecture, was a recommended read. I am currently reading this book written by Randy Pausch, a computer-science professer from Carnegie Mellon University. Randy died Friday, July 25th from pancreatic cancer.
His story has been shared with the world by many including The Wall Street Journal. His goal was to provide his message to those who remain. While I am still reading his book, I cannot fully evaluate its impact on my life....I just know that it will have one.
To find out more in The Wall Street Journal about this inspiring story, click here and type in Randy Pausch.
To view The Last Lecture, click here.
Thursday, July 31, 2008
Homebuyer Tax Credit
H.R. 3221, the “Housing and Economic Recovery Act of 2008,” passed the House on July 23, 2008, by a vote of 272-152. On Saturday, July 26, 2008, the Senate passed the bill by a vote of 72-13. The President signed the bill on July 30, 2008. The bill includes the following provisions:
Homebuyer Tax Credit - a $7500 tax credit that would be would be available for any qualified purchase between April 8, 2008 and June 30, 2009. The credit is repayable over 15 years (making it, in effect, an interest free loan).
Click here to read more! Please call The Dickey Group if we can help you in purchasing a home!
Homebuyer Tax Credit - a $7500 tax credit that would be would be available for any qualified purchase between April 8, 2008 and June 30, 2009. The credit is repayable over 15 years (making it, in effect, an interest free loan).
Click here to read more! Please call The Dickey Group if we can help you in purchasing a home!
Tuesday, July 22, 2008
State Fence Law Mended
The governor recently signed a measure that overhauls the old line fence statute in Ohio. The previous law had been in place for over a century and desperately needed revision.
Previously, the law stated that adjoining landowners must equally share the cost of building and maintaining fences that divided their properties. With many different situations in place, township trustees really had no fair way to enforce this law. The law now states that for existing fences, adjoining landowners are now responsible for "equitable" rather than equal share of their upkeep. To determine fair shares, the law gives specific criteria that should be considered such as the number and type of livestock, topography, bodies of water, vegetation and the risk of trespassing.
Also, landowners that have disputes can go directly to common pleas court and have their case settled through binding arbitration.
To read more, click here.
Previously, the law stated that adjoining landowners must equally share the cost of building and maintaining fences that divided their properties. With many different situations in place, township trustees really had no fair way to enforce this law. The law now states that for existing fences, adjoining landowners are now responsible for "equitable" rather than equal share of their upkeep. To determine fair shares, the law gives specific criteria that should be considered such as the number and type of livestock, topography, bodies of water, vegetation and the risk of trespassing.
Also, landowners that have disputes can go directly to common pleas court and have their case settled through binding arbitration.
To read more, click here.
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