It’s a given, that home ownership of any kind comes with a steady diet of upkeep and repairs. Even a newly built home is going to require some level of routine maintenance. However, if your dream home happens to fall into the ‘historic home’ category, or a location within in a historic district, be advised… Read More
Government Regulations
Rumors of Relaxed Credit Reporting Standards Vastly Overblown
Using credit responsibly is an integral part of your personal finance. Not only is credit a key factor in securing a mortgage when buying a home, vehicle or other major purchase, landlords and property managers invariably look at credit before approving new renters, as do insurers, utility companies and employers. It’s not always easy to… Read More
FIRPTA – A Tax on Home Seller’s that Home Buyer’s May be Liable For
FIRPTA – A Tax on Home Seller’s that Home Buyer’s May be Liable For FIRPTA has been around awhile but I ran up against it so many times in the past year that I’ve learned a lot more about it lately. The friendly folks at Pioneer Title were especially knowledgeable and helpful, explaining the finer… Read More
Home Sellers & Buyers Struggling with the Still Troublesome TRID
The government regulation that includes TRID was meant to benefit consumers. It’s been a bewilderment at best and a disaster in many cases. Home Buyers have experienced unprecedented delays and inexcusable inconvenience and loss as detailed in the article below. The first thing most Realtors noticed was that Home Sellers are apparently not considered consumers… Read More
Little Understood, Does the Treasury Dept.’s Geographic Targeting Order Affect You?
Little Understood, Does the Treasury Dept.’s Geographic Targeting Order Affect You? In short, probably not. There is a specific list of criteria that must be met for Geographic Targeting Order to be triggered and the average home buyer or seller will not likely fit the parameters. However, if you feel your transaction is in any… Read More