Wednesday, April 20, 2011

6 real estate headlines: 20-April

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

New prototype for mortgage forms coming in May
Wall Street Journal
: The planned revamp of the forms borrowers receive when taking out a home loan is a key priority of the new Consumer Financial Protection Bureau, which was created as part of the Dodd-Frank financial overhaul law.
City development oversight board in the works
Washington Examiner
: The transition report released by Mayor Vincent Gray's administration earlier this year called for a quasi-governmental entity that would oversee all major city projects.
Why it's good to be apprised of where appraisal fees go
Washington Post
: When you pay $450 to $550 at settlement for an appraisal on a home purchase or refinancing, do you assume that all or most of the money is going to the appraiser who performs the valuation?
Former church to become condos
DC Mud
: Scheduled to break ground the first quarter of 2012, the plan is for a six-story, 37 unit condo building at 2105 and 2107 10th Street.

How to buy at real estate auction
Baltimore Sun
: So you've seen an advertised auction property and you'd like to take a closer look? Here are some best practices for pursuing real estate at auction.

New home construction hits 6-month high
Richmond Times Dispatch
: New homes can spur job growth. Each new home built creates the equivalent of three jobs for a year and generates about $90,000 in taxes, according to the National Association of Home Builders

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