RealEstateRama Laws & Taxes
Harrisburg, PA - December 4, 2009 - (RealEstateRama) -- Governor Edward G. Rendell today reminded eligible older adults and people with disabilities that Dec. 31 is the deadline to apply for rebates up to $975 from Pennsylvania’s Property Tax/Rent Rebate program.
Attorney General Corbett announces lawsuits against four loan modification businesses accused of deceiving consumers...
HARRISBURG, PA - November 23, 2009 - (RealEstateRama) -- Consumer protection lawsuits were filed today against four loan modification or "mortgage rescue" businesses, along with their officers, who are accused of deceiving Pennsylvania consumers seeking help modifying their mortgage loans.
Morrisville, PA - November 20, 2009 - (RealEstateRama) -- Today, Pennsylvania Congressman Patrick Murphy (D-8th District) joined local realtors and homebuyers to announce the expansion of the first-time homebuyer tax credit to help more hardworking families in Bucks County and across the country achieve the American dream by owning their own home.
Washington, DC - November 5, 2009 - (RealEstateRama) -- Today, Congresswoman Kathy Dahlkemper (PA-3) voted to extend relief to unemployed workers, local real estate markets, and provide much-needed help to businesses and families.
PHILADELPHIA, PA - July 28, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $95 million to jump start affordable housing programs in Pennsylvania that are currently stalled due to the current economic recession. Funded through American Recovery and Reinvestment Act of 2009 (Recovery Act), HUD's new Tax Credit Assistance Program (TCAP) will allow Pennsylvania to resume funding of affordable rental housing projects across the state while stimulating employment in the construction trades.
HARRISBURG, PA - June 29, 2009 - (RealEstateRama) – Governor Edward G. Rendell today signed a pair of bills to combat mortgage fraud by strengthening communication between homeowners and their lenders and encouraging employees at mortgage companies to report illegal activity.
$222.7 Million In Property Tax/Rent Rebates Distributed To Older Adults, Residents With Disabilities
HARRISBURG, PA - July 1, 2009 - (RealEstateRama) – More than 475,000 senior homeowners, renters and people with disabilities will be issued rebates today totaling $222.7 million through the Property Tax/Rent Rebate Program. The number is approximately 58,000 more rebates than were issued last year on July 1.
PHILADELPHIA, PA June 16, 2009 - (RealEstateRama) - Mahn Huu Doan, a/k/a "Bruce Doan", 40, of Philadelphia, was sentenced today to 151 months in prison for a massive mortgage fraud and identity theft scheme, announced United States Attorney Michael L. Levy. Doan, a self-described real estate investor, would purchase houses, using false or borrowed identities, using government insured loans which he secured using fraudulent information.
HARRISBURG, PA - June 3, 2009 - (RealEstateRama) — The deadline to apply for Pennsylvania’s Property Tax/Rent Rebate Program for older adults and residents with disabilities has been extended from June 30 to December 31.
Harrisburg, PA - May 4, 2009 - (RealEstateRama) — Hailing it as the single most important step Pennsylvania lawmakers could take to jumpstart the state’s economy, prime sponsor Rep. Sam Rohrer (R-Berks) today unveiled the School Property Tax Elimination Act (SPTEA).
Harrisburg, PA - April 27, 2009 - (RealEstateRama) — State Rep. Keith Gillespie (R-Hellam) was among General Assembly members to stand in support Monday of legislation that would place options for property tax relief on the Nov. 3 General Election ballot. If passed, voters would be able to select from several different property tax reduction or elimination bills.
Harrisburg, PA - April 16, 2009 - (RealEstateRama) — Rep. John Perzel (R-Philadelphia) issued the following statement in response to Gov. Ed Rendell’s announcement on property tax reductions as a result of slot machine gambling revenues:
Harrisburg, PA - April 15, 2009 - (RealEstateRama) — Pennsylvania homeowners will receive nearly $770 million in property tax relief in 2009, delivering on Governor Rendell’s promise to help reduce the burden of property taxes.
Harrisburg, PA - April 15, 2009 - (RealEstateRama) — While the governor on Monday touted the approximately $200 in average property tax relief that Pennsylvania homeowners...
PITTSBURGH, PA - April 14, 2009 - (RealEstateRama) — Pennsylvania homeowners will receive nearly $770 million in property tax relief in 2009 under the latest installment from the historic Taxpayer Relief Act, Governor Edward G. Rendell announced today.
Attorney General Corbett cautions homeowners about closed escrow company; encourages check of tax &...
HARRISBURG, PA - April 9, 2009 - (RealEstateRama) — Attorney General Tom Corbett today announced that the Attorney General's Bureau of Consumer Protection has launched an investigation into the business practices of American Escrow LLC, an Illinois-based escrow company that suddenly halted operations in March 2009.
Glenside, PA - April 3, 2009 - (RealEstateRama) — The Pennsylvania Housing Finance Agency has introduced a new homeownership incentive program, the The Tax Credit Advance Loan (TCA). First-time homebuyers can get an interest-free loan of up to $6,000 to use towards their down payment and/or closing costs.
Washington, D.C. - March 4, 2009 - (RealEstateRama) — Rep. David G. Argall (R-Berks/Schuylkill) has introduced legislation in the state House that would give Pennsylvania voters a stronger voice in the ongoing debate about the best way to reform or replace the state’s outdated school property tax system
Harrisburg, PA - February 13, 2009 - (RealEstateRama) – Homeowners whose residences have not yet been approved for a homestead or farmstead exemption under the state’s property tax relief law have until March 1, 2009, to file their applications with the Berks County Assessment/ Homestead Office, Senator Michael A. O’Pake (D-Berks) reminded constituents.
February 5, 2009 - (RealEstateRama) – Rep. Michele Brooks (R-Crawford/Mercer/Lawrence) has again sponsored legislation that would allow senior citizens who have received a small Social Security cost-of-living adjustment (COLA) this year to remain eligible for the Property Tax/Rent Rebate program.