NAHREP Dallas Newsletter 6-10

Page 1

NAHREP 2010 Executive Board

June 2010

Alfred C. Rodriguez President JoAnn Burgos President Elect Mark J. Ciolfi - Secretary Joe Velazquez Treasurer Jose "Pepe" Fernandez Membership Director Guillermo Ramos Parliamentarian Maria Samano Special Events and Education Robert Preston Immediate Past President Need more information about NAHREP? Contact: Alfred Rodriguez 469-767-9681 JoAnn Burgos 469-682-8284 NAHREP Dallas has launched its new website. Check It Out @ www.NahrepDallas.org

Place your business card here and advertise $75.00 for three months

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National Association of Hispanic Real Estate Professionals

A Word from the President Alfred Rodriguez

Good news came out of Washington this month with the extension on closing on those Real Estate contracts executed on or before April 30, 2010 (See article below). This will allow many buyers to apply for the tax credit. Now this will take us into September but lets keep the ball rolling till the end of the year. Other good news is the extension of SellerFinancers. Commissioner Foster has extended the Seller -Financers to become licensed Mortgage Company Residential Mortgage Loan Originators until August 31, 2010. NAHREP of Houston is hosting the State conference in July, take a look at our newly re-done website (thanks to David Zapata) for further information regarding said event.

UPDATE 1 - Senate Votes to Extend US Home Tax Credit Deadline WASHINGTON June 16 (Reuters) - The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of activity in the housing market. The Senate, with a vote of 60-37, accepted an amendment by Democratic Leader Harry Reid that extends the closing deadline to Sept. 30 for buyers who met the April 30 deadline to have a signed contract. The current deadline requires buyers to close by June 30 to get the $8,000 tax credit for first-time homebuyers. Existing homeowners buying a new primary residence are eligible for a $6,500 credit. Reid offered the measure as an amendment to a bill that would extend some popular business tax breaks and extend unemployment insurance benefits for jobless workers. The proposal would not have a significant impact on future home sales as the extension would be only for home buyers who already had a contract in hand by April 30.

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The NAHREP May 2010 Luncheon

EVENTS JUNE 24, 2010 “REALTORS, Uses Facebook & Technology Tools to Grow Your Business” By Keith Hernandez 10 am—12 pm

JULY 7, 2010 “Selling HUD Properties, Advanced” by Laura Suarez 12 pm—2 pm Workshops will be held at

BANK of AMERICA in Oak Cliff

MEMBERSHIP DUES ARE 50% OFF THROUGH THE END OF JUNE Contact: Pepe Fernandez united_realty_1@hotmail.com

400 South Zang Blvd Dallas, TX. 75208


The NAHREP May 2010 Luncheon

EVENTS JUNE 24, 2010 “REALTORS, Uses Facebook & Technology Tools to Grow Your Business” By Keith Hernandez 10 am—12 pm

JULY 7, 2010 “Selling HUD Properties, Advanced” by Laura Suarez 12 pm—2 pm Workshops will be held at

BANK of AMERICA in Oak Cliff

MEMBERSHIP DUES ARE 50% OFF THROUGH THE END OF JUNE Contact: Pepe Fernandez united_realty_1@hotmail.com

400 South Zang Blvd Dallas, TX. 75208


NAHREP 2010 Executive Board

June 2010

Alfred C. Rodriguez President JoAnn Burgos President Elect Mark J. Ciolfi - Secretary Joe Velazquez Treasurer Jose "Pepe" Fernandez Membership Director Guillermo Ramos Parliamentarian Maria Samano Special Events and Education Robert Preston Immediate Past President Need more information about NAHREP? Contact: Alfred Rodriguez 469-767-9681 JoAnn Burgos 469-682-8284 NAHREP Dallas has launched its new website. Check It Out @ www.NahrepDallas.org

Place your business card here and advertise $75.00 for three months

Now you can join NAHREP DALLAS on

National Association of Hispanic Real Estate Professionals

A Word from the President Alfred Rodriguez

Good news came out of Washington this month with the extension on closing on those Real Estate contracts executed on or before April 30, 2010 (See article below). This will allow many buyers to apply for the tax credit. Now this will take us into September but lets keep the ball rolling till the end of the year. Other good news is the extension of SellerFinancers. Commissioner Foster has extended the Seller -Financers to become licensed Mortgage Company Residential Mortgage Loan Originators until August 31, 2010. NAHREP of Houston is hosting the State conference in July, take a look at our newly re-done website (thanks to David Zapata) for further information regarding said event.

UPDATE 1 - Senate Votes to Extend US Home Tax Credit Deadline WASHINGTON June 16 (Reuters) - The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of activity in the housing market. The Senate, with a vote of 60-37, accepted an amendment by Democratic Leader Harry Reid that extends the closing deadline to Sept. 30 for buyers who met the April 30 deadline to have a signed contract. The current deadline requires buyers to close by June 30 to get the $8,000 tax credit for first-time homebuyers. Existing homeowners buying a new primary residence are eligible for a $6,500 credit. Reid offered the measure as an amendment to a bill that would extend some popular business tax breaks and extend unemployment insurance benefits for jobless workers. The proposal would not have a significant impact on future home sales as the extension would be only for home buyers who already had a contract in hand by April 30.

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NAHREP would like to thank our Corporate Sponsors


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