The Department of Housing and Urban Development last week imposed limitations on cash-out refinances that will make it more difficult for homeowners to cash in on the equity they’ve built up in their homes. The HUD said on Thursday it’s lowering its loan-to-value requirements for cash-out refinances from 85% to 80%. The move means that
Someone died in this house. Do selling agents need to disclose it?
November 2, 2018 by
If you’re trying to sell a home that the former owner passed away in, it can be tough for agents to know what to do. Do they disclose the fact that someone died there and potentially scare off buyers?
Agent slapped with $2.5k fine for using too many signs
June 6, 2018 by
A Huntington Beach, California-based real estate was slapped with a $2,750 fine by city officials last week after being found guilty of displaying too many open-house signs around the town.
Texas court blocks federal overtime law, impacts on real estate industry
November 24, 2016 by
The real estate industry has been given a temporary reprieve from new rules due to come into effect Dec. 1 that could potentially increase labor costs for employers.
Will the New Mortgage Rules Change the Real Estate Market
January 14, 2014 by
Bureaucracy may move slowly but it does move. Years after the collapse of the real estate market and another year after its recovery, the Consumer Financial Protection Bureau came out with new rules last week intended to protect consumers from the mortgage industry.
