REALTORS’ Read on HR 3221, the Housing and Economic Recovery Act of 2008

Straight from the public pages of the National Association of REALTORS site, offered here without comment or explanation.
You can decide what impact this will have on your ability to get a mortgage, your home’s value going forward, and your tax obligations.
http://www.realtor.org/gapublic.nsf/pages/hr_3221_key_provisions?OpenDocument

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Joe Spake is a Memphis-based Real Estate Broker and Consultant. He blogs at Joe Spake's Weblog and Memphis Real Estate Buzz. Joe's Social Network.