Last week President Biden released the details of his $1.8 trillion American Families Plan, which includes a $500,000 cap on like-kind exchanges as a means to pay for the proposal. The results of a study of exchanges accommodated by IPE 1031 and other qualified intermediary companies over a five-year period indicate this proposal would effectively …
Published by REALTOR Magazine | April 29, 2021 The program is geared to homeowners with single-family, Fannie Mae or Freddie Mac-backed mortgages. The Federal Housing Finance Agency is giving low-income homeowners who missed out on the refinancing boom last year another chance. FHFA announced a program this week that will help low-income homeowners with government-backed …
FHFA to Help Low-Income Owners Cut Mortgage Costs Read More »
Published by The Washington Post | May 5, 2021 Court rules agency lacks legal authority to impose it Many have been saying that the CDC had no authority to impose a nationwide eviction moratorium. Yesterday a federal judge agreed. “The pandemic has triggered difficult policy decisions that have had enormous real-world consequences. The nationwide eviction …
BREAKING: Federal Judge Vacates CDC Eviction Moratorium Read More »
Published by REALTOR Magazine | April 29, 2021 President Joe Biden addressed a joint session of Congress for the first time on April 26th to outline his American Families Plan, the second half of an ambitious infrastructure agenda focused on social programs that Biden would pay for with a host of tax increases. NAR President …
NAR Concerned About Tax Hikes in Biden’s Jobs Plan Read More »
The following is an except of an article published by Florida Realtors on April 23, 2021 Landlords, large and small, are lining up to buy homes as investment properties. Home shoppers aren’t just competing against each other in bidding wars these days. Landlords, large and small, also are lining up to buy homes to use …
First-time Homebuyers Are Getting Outbid by Big Companies Read More »
Published by REALTOR Magazine | April 19, 2021 Foreclosure filings in March rose 5% compared to the previous month. Some housing analysts have grown concerned about what will happen to the real estate market when temporary foreclosure moratoriums are lifted. Will it spark a wave of new foreclosures and lead to a crisis? Already, foreclosure …
Despite Moratorium, Foreclosure Activity on Steep Incline Read More »
Published by the Texas Standard | April 2, 2021 Local judges are no longer authorized to pause eviction cases because of the CDC moratorium. Housing courts in Texas are no longer authorized to halt evictions in compliance with a national moratorium, after the Texas Supreme Court this week let statewide protections for renters expire — …
Texas Supreme Court Ends Enforcement Of National Eviction Moratorium Statewide Read More »
Published by Forbes | April 13, 2021 Renewal increases have jumped 20% year-over-year If you’re a real estate owner or investor, you may have noticed a significant increase in insurance costs compared to previous years. In fact, renewal increases have jumped 20% year-over-year, according to Q3 2020 data from Marsh’s Global Insurance Market Index, a …
FORBES: Why Real Estate Insurance Premiums Are On The Rise Read More »
Published by The Real Deal | April 8, 2021 Lawsuit, judgments of confession filed against Mitchell Kossoff Three more landlords have come forward with claims that real estate attorney Mitchell Kossoff owes them hundreds of thousands of dollars. Kossoff, the managing partner of Kossoff PLLC, has been unreachable by his partners at the firm and …
Landlords Seeking Millions from Real Estate Attorney who Disappeared Read More »
Published by REALTOR Magazine | April 16, 2021 There are eligibility requirements and caps that young pros will have to meet. Young professionals on the hunt for a new location may find incentives from states—even offers to pay off their student loan debt in exchange for purchasing a home. Illinois and Maryland recently launched “SmartBuy” …
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