DAAR Discussion: Financial Support in the COVID-19 Era

April 30, 2020

DAAR’s President, Barry Taylor, is hosting weekly, informal discussions on Zoom. Last week, Brett Friedman from DeLeon & Stang joined the DAAR Discussion. The discussion talked about the CARES Act and the stimulus package, and how it affects you. Brett is ready to answer questions and delve into details. BRETT A. FRIEDMAN, CFP (301) 250-7339 […]

Action Alert: 7,000 REALTORS® Need Your Help for Affordable Healthcare

March 11, 2020

About 7,000 Virginia REALTORS® go without health insurance each year because of the high costs. The Virginia General Assembly has passed two bills (HB 795 and SB 235) that enable us to move on to the next steps in our pursuit of association health plans. But first, we need Governor Northam to sign the bills […]

DAAR Office Closing at 2:00PM

January 7, 2020

Due to the expected snow; the DAAR Office will close today at 2:00PM.

Loan Limits Increase in 2020 for the Washington Metro Area

December 2, 2019

On November 26, 2019, the Federal Housing Finance Agency (FHFA) published the 2020 conforming loan limits for Freddie Mac and Fannie Mae. The baseline (national) limit will increase to $510,400 from $484,350 in 2019. In high cost areas, including the Washington Metro area, the limit will go up to $765,600 (from $726,525). The loan limits […]

Do Your Clients Understand Their Mortgage Disclosure Documents?

November 22, 2019

You can help improve how this critical information is presented to homebuyers by giving the National Association of Realtors® your feedback! The Consumer Financial Protection Bureau (CFPB) is reviewing the mortgage disclosure rule, known as the TRID rule. This rule drastically changed the mortgage disclosure process to improve transparency for consumers (i.e. creation of the […]

Flood Insurance Extended Through December 20th

November 22, 2019

Yesterday, November 21, 2019, Congress extended the National Flood Insurance Program (NFIP) through Dec. 20, avoiding a lapse in the program. The President signed the bill into law. The NFIP is being extended as part of the Continuing Resolution (CR) to keep the government operating while Congress works on 2020 appropriations measures over the next […]

FHA: No Conflict of Interest for Brokers Receiving Commissions on HUD REO Homes

November 18, 2019

The National Association of REALTORS® says the FHA’s response to its recent advocacy efforts is a big win for members who have an ownership interest in HUD real estate-owned homes. Adopting NAR’s interpretation, the FHA has revisited its policy and will now permit brokers to receive commissions on sales of HUD REO homes in which […]

Census 2020

November 18, 2019

Key Census Messages – Fall 2019 The Census can be complicated. During the Education phase, we are focused on simple messages that emphasize impact, confidentiality, and a general timeline. Census Day is April 1, 2020. – Watch for a postcard that will arrive in the mail in mid-March. – You can respond to the Census […]

Use Your Voice and Cast Your Vote in the 11/5 Elections

October 25, 2019

Did you know that almost 70% of REALTORS® in Loudoun County voted in the 2018 elections? Imagine the impact in Loudoun County if 100% of REALTORS® voted in the November 5th elections. Use Your Voice and Cast Your Vote! The General Election will be held in Loudoun County on Tuesday, November 5, 2019. On the […]

County Launches Unmet Housing Needs Strategic Plan Process with Oct. 30 Open House

October 17, 2019

Loudoun County will host an open house to kick off the Unmet Housing Needs Strategic Plan process. The open house will be held at the Eastern Loudoun Service Center, 21641 Ridgetop Circle, Sterling, on Wednesday, October 30, 2019, from 4:00 – 6:00 p.m. In addition to learning about the Unmet Housing Needs Strategic Plan, those […]