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Advocacy in Action: Advance REALTOR® Priorities in Virginia!

January 13, 2017

Now in session… all of Virginia’s 100 Delegates and 40 Senators returned to the State Capitol on January 11th for a 46-day General Assembly ‘session’ to review amendments to the biennial budget and act on thousands of pieces of legislation. The primary goal of advancing REALTOR® priorities at the state level is to shape the future of real estate in […]

Fee Cut by FHA Set to Benefit First-Time Buyers

January 11, 2017

The Federal Housing Administration made an announcement on Monday, January 9th to cut fees, effectively lowering the financing cost for first-time home buyers. Set to take effect January 27th, the fee cut may alleviate the burden of rising interest rates for entry level buyers. Mortgage insurance premium fees would be reduced by a quarter of […]

Important Tax Provisions Still Available for 2016

January 5, 2017

The following status update on mortgage debt cancellation relief, an important federal tax issue for homeowners, is written by Jon Boughtin of NAR Media. The 114th Congress recessed in early December without completing work on a so-called “tax extenders” package needed to continue important tax breaks for real estate. This included tax relief for the […]