Today is Election Day in Virginia. All 140 seats in the Virginia General Assembly and many local government offices will be up for grabs. As a REALTOR®, you see the impact of policy maker decisions on a daily basis. It is essential that you participate in the process to make sure we have people in office who understand the importance of promoting home ownership and protecting property rights.
All regular voting locations will be open on Tuesday, November 3rd from 6:00 a.m. to 7:00 p.m. Remember to bring a valid Photo ID when you go to vote. To find out more voter information, visit http://www.virginiarealtorschoose.com/voter-info/.
VAR President Deborah Baisden’s motto for the past year has been “Engage in 2015.” As the end of the year approaches, let’s take this opportunity to show the power of the REALTOR® voice and vote on November 3rd.
Congress is considering a proposal that would create a tax on all potential homeowners and consumers looking to purchase or refinance a mortgage.
By increasing Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs, Congress would disturb the housing recovery. Now is not the time to raise the cost to purchase or refinance a home.
NAR strongly believes that taxing homeowners to pay for transportation programs places an unnecessary long-term burden on consumers and this action will disproportionately impact low and moderate income borrowers, as well as first-time homebuyers.
Link for the Call For Action – https://goo.gl/TIQUpj
NAR Issue Brief – http://www.ksefocus.com/billdatabase/clientfiles/172/6/2443.pdf
NAR Call For Action
In the next couple of weeks, the U.S. House of Representatives is scheduled to vote on H.R. 9 – The Innovation Act of 2015, which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls. The National Association of Realtors is supporting H.R. 9.
REALTORS® are targeted by patent trolls at alarming rates for simply using common business technologies like drop down menus and search functions on websites or scan-to-email technologies found in every office scanner. Patent trolls exist solely to purchase old patents and to use the threat of expensive lawsuits to extort money from legitimate businesses. Congress must pass common-sense comprehensive patent litigation reform to protect Main Street businesses and REALTORS® from patent troll abuse.
Contact your U.S. Representative and urge them to support H.R. 9, The Innovation Act