Free Business Survival Tips Online Till March 13
Through Friday, March 13, NAHB members can get free business survival information on such issues as bankruptcy, reorganization, liens, subcontractor disputes, partnership issues and more that will help them survive the downturn.
The information, prepared by the Texas-based international law firm Gardere Wynne Sewell LLP, will be available on the NAHB Web site in a "Frequently Asked Questions" format that will address a variety of topics, including:
- Bankruptcy, reorganizations, out-of-court workouts, restructuring, foreclosures, deficiency judgments
- Director/officer issues, partnership issues, personal guarantees, business divorces
- Liens, developer disputes, subcontractor disputes
Available to NAHB members only, the information will be available at www.nahb.org/legalconsultation.
Members whose questions are not answered on the Web site posting will be able to call or e-mail the law firm for more information.
For further information on this program, e-mail David Jaffe at NAHB.
Tax Credit Web Site Looks at Opportunity of a Lifetime
Builders and other industry professionals can help spur home sales by referring prospective first-time home buyers to www.federalhousingtaxcredit.com. The NAHB Web site provides detailed information on the $8,000 federal tax credit for first-time home buyers included in the economic stimulus legislation signed into law by President Obama.
Consumers can use the Web site to find information on the tax credit – including a detailed question and answer section. It also includes information about other housing-related and small business measures in the legislation and a number of home-buying resources for consumers.
“The new tax credit provides a great opportunity for first-time home buyers,” said NAHB Chairman Joe Robson. “Combined with today’s near record low interest rates, the large selection of homes on the market and very competitive pricing, the tax credit should provide the extra incentive needed to get prospective buyers who have been sitting on the fence into the market.”
Industry professionals are encouraged to highlight the tax credit Web site when marketing to their potential first-time home buyer market.