Jeremy's Blog

I wanted to share with all of you an email from Senator Levin in regards to the tax credit.  He sent me this email a few hours AFTER the Senate unanimously voted to extend the tax credit.  This just goes to show how much of a joke our goverment is sending voters caned responses that are not even accurate.  Read from the bottom up. . . . Enjoy!

Wow, you sent this email to me yesterday after the senate unanimously voted to extend the tax credit. That did happen in case you were not paying attention. So you obviously didn’t put any thought into this caned email. I’m so disappointed. I was hoping your office actually read these. What a shame . . . . Not that you will read this email, but you should have said thank you blab la, you will be happy to know today we voted to extend the credit. You could have even cited your Senate Floor Statement http://levin.senate.gov/senate/statement.cfm?id=319658 In case you are not aware of what that was I put the link in this email for you. That would be the proper way to get a vote. Now you lost a vote. . . .

I’ll be sure to share this on my blogs http://www.jeremydrobeck.com/MyBlog

Jeremy Drobeck

Mortgage Advisor

Office: (269) 324-4240 Ext. 132

Cell: (269) 598-3975

Fax: (269) 585-5997

1stclassmortgageservice.com

"Nothing Less Than Excellence"

From: senator_levin@levin.senate.gov [mailto:senator_levin@levin.senate.gov]
Sent: Thursday, November 05, 2009 6:04 PM
To: jeremy@jeremydrobeck.com
Subject: Re: Your Concerns

Dear Mr. Drobeck:

Thank you for contacting me about extending the first-time home buyer tax credit. I appreciate hearing your thoughts on this matter.

Last year, in an effort to stimulate the slumping housing market, Congress voted to include a $7,500 tax credit for first-time home buyers in the Housing and Economic Recovery Act (P.L.110-289). This was a temporary incentive for first-time home buyers, which, if taken, would be repaid over time, similar to an interest-free loan.

As the economy took a dramatic downturn and the housing market continued to worsen, it became clear that immediate action was necessary to make a substantial reinvestment in our country to stabilize and revitalize our economy. Congress responded by passing The American Recovery and Reinvestment Act (ARRA, P.L.111-5). This package included a provision to increase the first-time home buyer tax credit to $8,000, to extend the sunset period through the end of November 2009, and to remove the repayment requirement. These additions were retroactive to January 1, 2009.

I appreciate input from real estate industry professionals, such as yourself, and will keep your views in mind as Congress continues to consider what can be done to further address issues in the housing market, including a possible extension of the first-time home buyer tax credit.

Again, thank you for writing.


Sincerely,
Carl Levin