Laws & Taxes

WASHINGTON, DC - December 20, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today urged members of the U.S. House of Representatives to vote against the Senate-passed bill that would extend the payroll tax holiday for two months by adding an additional tax on most homebuyers for the next ten years.

New York, NY - December 19, 2011 - (RealEstateRama) -- Middle class tax cuts that will reduce tax rates for millions of hardworking taxpayers and the two-percent property tax cap highlight new state laws that will go into effect on January 1, 2012.

December 14, 2011 - (RealEstateRama) -- Mayor Domenic J. Sarno announced today a recommendation of Fiscal Year 2012 property tax rates for consideration by the Springfield City Council at a meeting Scheduled for Friday, December 16, 2011. The rates wou...

Aliso Viejo, CA - December 12, 2011 - (RealEstateRama) -- Point Center Financial, Inc., retained Dale A. Martin as In-House Corporate Counsel. In his current role, Mr. Martin will serve as counsel to Point Center Financial and its executive management team on all legal matters including commercial real estate finance, corporate, litigation, and general risk management relative to the company’s operations and duties. In addition, he will monitor changes in the law to proactively define and develop corporate strategies, policies, procedures and programs.

Vancouver, WA - December 8, 2011 - (RealEstateRama) -- The Board of County Commissioners approved a balanced budget for 2012 following a public hearing Tuesday night, as required by law. In a unanimous vote, the commissioners adopted recommendations ...

L?HU„E, HI - December 8, 2011 - (RealEstateRama) -- County officials announced that changes in two of the county?s real property tax relief programs – the Circuit Breaker and Home Exemption programs – are now in effect.

December 7, 2011 - (RealEstateRama) -- Effective January 1, 2012, the Georgia “Illegal Immigration Reform and Enforcement Act of 2011” requires all applicants for real estate licensure or appraiser classification, and those applying for renewal of ...

Trenton, NJ - December 6, 2011 - (RealEstateRama) -- As part of the Christie Administration’s continued commitment to rein in the cost of government, maximize taxpayer dollars and provide sustainable property tax relief, Governor Chris Christie today...

Washington, D.C. - December 5, 2011 - (RealEstateRama) -- President Barack Obama and former President William J. Clinton along with representatives from more than 60 organizations as part of the Better Buildings Challenge today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next two years. This investment includes a $2 billion commitment, made through the issuance of a Presidential Memorandum, to energy upgrades of federal buildings using long-term energy savings to pay for up-front costs, at no cost to taxpayers. The U.S. Green Building Council (USGBC) pushed for this action in its 2010 report that encourages using executive authority to achieve greener buildings.

Saint Paul - November 23, 2011 - (RealEstateRama) -- Property tax levies are proposed to increase an average of 1.2 percent statewide if proposed local tax levies are adopted by local governments later this year. Levy increases combined with the elimin...

Leesburg, VA - November 22, 2011 - (RealEstateRama) -- Treasurer H. Roger Zurn Jr. reminds taxpayers that the deadline for payment of the second half real property tax is Monday, December 5, 2011. Payments postmarked after December 5, 2011, will incur ...

Las Vegas, NV - November 21, 2011 - (RealEstateRama) -- There was a significant decline in the number of mortgage default notices served on homeowners in the Las Vegas metro area and in Nevada in October, but not because of a sudden recovery in the hou...

November 16, 2011 - (RealEstateRama) -- Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued the following statement today after an independent audit of the Federal H...

Washington, D.C. - November 16, 2011 - (RealEstateRama) -- U.S. Congressman Mike McIntyre announced today that he has helped restore recently reduced home loan limits for the Federal Housing Administration.

SANTA MONICA, CA - November 15, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise) today announced it has closed an $8.3 million Low Income Housing Tax Credit (Housing Credit) syndication deal to help Community Corporation of Santa Monica (CCSM) build High Place West Apartments, which will offer 47 units of affordable housing. High Place West will enable families earning 35 percent to 60 percent of area median income to live in the 32 two-bedroom and 15 three-bedroom apartments in a three-story building.

Houston, TX - November 14, 2011 - (RealEstateRama) -- Alejandro L. Padua, Esq., of Padua Law Firm in Houston, with his excellent drafting of real estate related contracts and related lawyering, together with his brother Antonio J. Padua, head broker o...

Edison, N.J. - November 14, 2011 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today released a group of three reports on methods of controlling property taxes in New Jersey. The first tw...

WASHINGTON, D.C. - November 14, 2011 - (RealEstateRama) -- With the November 23, 2011 legal deadline looming, the Congressional Super Committee focused on deficit reduction may be inching a little closer to an agreement. The Republicans and Democrats on the Super Committee recently presented alternative proposals which appear to have been more for public consumption and political advantage than for true deal making.

Washington, DC - November 2, 2011 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH), a longtime advocate for homeowners in Ohio, today released the following statement upon the news that the Office of the Comptroller of the Currency will move fo...

Atlanta, GA - October 28, 2011 - (RealEstateRama) -- On October 27, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Home Rights Advocates, Inc. located at 2550 Sandy Plains Road, Suite 22...