Michael McCann

How's Your Thanksgiving Knowledge

Thanksgiving is just around the corner and most of you will be settling down to an afternoon of Turkey and maybe watching a parade or football game. So, to help you out on keeping the conversation light and airy during the Thanksgiving dinner, I found information for you on History.com from which you can pepper in some [...]

FHA Issues New Rulings for Condos

The FHA has issued some new rulings relaxing some of the criteria they developed in a previous letter and should assist the condo market overall. When I asked Steve Tetzner of Homestar Mortgage how this would affect the marketplace, he was enthusiastic since the limiting provisions were deleted for the next year. In particular, he cited the [...]

Crunch Time at Adopt-A-Family

Though I am usually busy with Real Estate on a daily basis, I am very busy this time of year with my extracurricular project - Adopt-A-Family, Inc. It was started by a group of volunteers and has been a favorite local charity in the Northern Rhode Island area since its inception. Our mission is to provide gifts of clothes and toys to [...]

Seller Should Seize the Tax Credit Psychology

A recent report from Deutsche Bank confirms what I have been seeing around my offices lately, while the impact of the first time buyer tax credit is up to debate, there is no doubt that the activity spurred by the credit to date has certainly elevated the mood of my agents, and spurs hope for the future of the market. The Deutsche Bank [...]

Providence Mayor's 7th Annual Coat Drive

Though we are still in the autumn season, now is the time to search through your closets for those articles of clothing that you may not need. Perhaps you have downsized your wardrobe through a weight loss program. Help this year is important. Mayor Cicilline has launched his campaign requesting residents, businesses, students and workers to [...]

Senate Passes Bill on Tax Credit

The US Senate passed the extension of the First Time Home Buyer Tax Credit by a vote of 98-0. The measure was added to a bill which provides an extension of unemployment benefits and also allows all businesses that have incurred losses in 2008 and 2009 to seek refunds for taxes paid on profits over the past five years. The legislation would [...]
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