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Hanging on to House and Home

Appraisal Buzz

years, but homeowners in Californiawhere Proposition 13 can lock owners into low property-tax ratesare staying put much longer. Lower Taxes Found Appealing in the Golden State California homeowners tend to hold onto their houses for a long time because a state tax law incentivizes them to do so.

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MBA sees risk in new Florida law that gives first-lien priority to PACE loans

Housing Wire

The Mortgage Bankers Association (MBA) this week detailed its reasons for opposing a bill in the state of Florida designed “to expand projects eligible for residential Property Assessed Clean Energy ( PACE ) financing,” which was recently signed into law by Gov. Ron DeSantis. The Florida Legislature and Gov.

Law 435
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Housing Hurdles for Older Homeowners 

Appraisal Buzz

Creative Housing Solutions: As demonstrated by Californias recent law relaxing local limitations, remove obstacles to the development of Accessory Dwelling Units (ADUs) to give older folks more flexible housing options. High property taxes are another factor at work, as 55% of respondents cite them as a cause for moving.

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Opinion: More financing options for ADUs are needed

Housing Wire

For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments. Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing.

Finance 501
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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. I am not a tax advisor, and anything I say here should not be relied on, and you should seek appropriate counsel. Seriously.

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When borrowers ‘ghost’ their servicers

Housing Wire

That is exactly what millions of forbearance plans and a federal moratorium were designed to avoid during the pandemic. Federal laws aren’t the only ones servicers have to contend with. The National Consumer Law Center (NCLC) identified executive declarations and court orders in 34 states as of April 2021.

Law 370
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7 best real estate schools in Florida (FL) for 2024

Housing Wire

2 End of Course Exam Attempts Online Course With 3 Hours Each of Core Law & Ethics, 8 Hours of Specialty. Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes. 1 Year Course Access.30-Question Course E-Book.