Apr 29, 2010
Don’t believe the hype! Let’s put these myths to bed.
29 Apr 2010
Posted by VAR
We’ve said it before, and we’ll say it again: Ignore the e-mails claiming 1) that the recently passed health care bill contains a 4 percent “transfer tax” on home sales and 2) that pending legislation (H.R. 2454) in the Senate requires an energy audit or retrofit for home sales.
They’re both false.
We addressed the “transfer tax” issue here in mid-April. And we communicated about H.R. 2454 back in November in this post. We’ve received assurance from NAR (today, even) that they continue working with the Senate to ensure that residential and commercial real estate are not adversely impacted by this bill.