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January 25, 2011

Contact your legislators before this week’s vote!

In This Issue



Virginia Homeowners:
When you’re refinancing your loan, EVERY DOLLAR MATTERS. That’s why the Virginia Homeowners Alliance is asking that you tell your legislators to vote YES to eliminating the recordation tax on mortgage refinances.
Step 1:  Click here to calculate what the recordation tax could be if you wanted to refinance your home today.
Step 2Ask your legislators to vote to save you that tax. All you do is have to click "send." We’ve already written the message for you!

The Virginia General Assembly will vote this week on legislation that could save you money when you refinance your home in Virginia.
The legislation, proposed by the Virginia Association of Realtors®, eliminates the recordation tax on mortgage refinances.
Currently, refinancing your loan could cost you hundreds of dollars in recordation taxes, even though you’re not increasing the loan amount. In other words, you pay that recordation tax AGAIN even though you already paid it when you first got your mortgage.
If you’ve already contacted your legislators about this legislation, thank you!
But if you have not, PLEASE take just a moment to help save yourself some real money. Your contact with your legislators WILL make a difference!

Virginia Homeowners Alliance
10231 Telegraph Road, Glen Allen, VA 23059

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