Florida Real Estate News - 04/26/07

PROPERTY TAXES
As House and Senate property tax negotiators continued to parley on how much should be cut, Gov. Charlie Crist proposed a plan Wednesday that would basically split the difference. However, Crist’s plan doesn’t include any sort of proposal to increase sales taxes in exchange for reducing and potentially eliminating property taxes.

SUBPRIME MORTGAGES
The help promised by several lenders and financing groups for some homeowners with subprime mortgages could come too late for many to save their houses; others may not qualify for the loan bailouts.

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