Blog
CFPB Final Rule Clear on Ability to Share Closing Disclosures
July 10, 2017
On July 7, 2017, the Consumer Financial Protection Bureau (CFPB) released the final rule amending the “Know Before You Owe” (KBYO or TRID) mortgage disclosure rule. As advocated for by NAR, the final rule clarifies the ability to share the Closing Disclosure (CD) with third parties – a victory for real estate professionals nationwide. As […]
Need to Know: New Real Estate Laws Effective July 1st
June 22, 2017
New laws in Virginia always start on July 1st, and this year is no different. There are several new laws and other changes that could impact the real estate industry that will go into effect July 1, 2017. DAAR members joined with the Virginia REALTORS® during the 2017 General Assembly Session to help make sure […]
Effective July 1st, 2017 Home Inspectors in VA must be Licensed
June 16, 2017
Where did this come from? In 2015 and 2016, the Virginia General Assembly passed laws requiring the certification and licensure of Virginia home inspectors. Those requirements take effect THIS YEAR on July 1st. What does it mean? Effective July 1, if you recommend an unlicensed home inspector, YOU MAY BE LIABLE. Home inspectors with current certifications […]
What Change Do You Want to See in Loudoun?
June 1, 2017
Calling ALL DAAR Members – We need you to raise your REALTOR® voices! This is your chance to make sure Loudoun County officials hear from REALTORS® as they develop a new comprehensive plan. The County’s Envision the Future Workshops will be held in June and we need each of you to attend at least one […]
Help Envision the Future of Loudoun County
May 10, 2017
Here’s another chance to have your voice heard – join us in helping develop the road map for Loudoun County! Loudoun County is reaching out to the public to get ideas and input to help create a new comprehensive plan. The “Envision the Future” workshops will be held in June and the County needs to […]
In the Know: NAR Analyzes Federal Budget Proposal Impact on Housing
March 31, 2017
On March 16, 2017, President Trump released his budget for the 2018 fiscal year, which begins on October 1. The proposal would eliminate funding for community development block grants and HOME housing block grants as part of a 13-percent cut in HUD programs. FHA mortgage insurance appears to be left untouched. Funding for flood mapping, […]
Know the Rules: Real Estate Signs – Permits, Placement & Penalties – Thursday, 4/20
March 15, 2017
FLYER – 2017 SIGN ORDINANCE FORUMJoin us for our Sign Ordinance Forum on Thursday, April 20th, 10-11:30, DAAR, Ashburn. Learn about the VREB’s print advertising requirements and receive an overview of Loudoun County’s sign ordinance, permitting procedures, and rules governing placement. Featured speakers include: Charles Fincher, Esquire;- Partner/Counsel,Fincher Law Firm Marsha Keim, Zoning Permit and Proffer Permit […]
February 2017 Loudoun County Market Trends Report: Homes Selling Faster as Active Inventory Continues to Decline
March 15, 2017
The following analysis of the Loudoun County, Virginia housing market has been prepared by George Mason University’s Center for Regional Analysis. It was prepared for the Dulles Area Association of REALTORS® by analyzing MRIS multiple listing data from MarketStats by ShowingTime. Overview Homes in Loudoun County sold significantly faster than last year, with half of […]
Manual Listing Entry No Longer an Option for Zillow
March 3, 2017
As of May 1st the Zillow Group will no longer allow agents to manually enter their listings into Zillow. According to the Zillow Group, this change was made to provide high-quality listing data and a simple way for brokers and agents to market their listings through Broker and MLS feeds. According to the latest BrightMLS […]
Need to Know: CFPB Consent Orders
March 3, 2017
On January 31, 2017 , the Consumer Financial Protection Bureau (CFPB) announced that it entered into consent orders with a mortgage lender, mortgage servicer and two real estate brokers for violations of the Real Estate Settlement Procedures Act (RESPA). As part of the consent orders, the four companies agreed to pay $4 million. The two […]