Wednesday, October 12, 2011

Real estate round-up: October 12

Check in every business day for the latest edition of Real Estate Round-up, where we post a list of our favorite real estate news stories from DC and beyond.

Headlines from the DC Metro Area:

Appraisal guidelines now available for energy-saving home repairs
Washington Post

The Appraisal Institute, the country's largest and most influential association in its field, published the long-awaited addendum Sept. 29. It's designed to be attached to any standard appraisal report covering a property with significant green features.

Window-filled contemporary in Alexandria
Washington Times

The home at 2200 Shiver Drive in Randall Estates, designed and built in 1966 by Jerome Lindsey, an architect from Howard University, includes elements of Bauhaus and Frank Lloyd Wright's architectural styles.

Best new listings: Mount Pleasant Logan Circle and Dupont Circle
DC Urban Turf

This week's edition of Best New Listings looks at a Mount Pleasant two-bedroom with no set condo fees, a 3,500 square-foot four-bedroom townhouse in Logan Circle, and a three-bedroom penthouse just south of Dupont Circle.

National real estate news stories:

Supreme Court to consider mortgage fees lawsuit
Wall Street Journal

At issue is how to interpret the Real Estate Settlement Procedures Act, a 1974 law that sought to address abuses in the mortgage industry by prohibiting kickbacks or referral fees in connection with the settlement process.

Just get a title search?
St. Augustine Record

A title search is part of the risk assessment the title insurance company does before issuing the policy. The title company does not want to have to pay out that policy; therefore, it has a vested interest to find any and all complications to the ownership title.

Condo buyer frustrated by seller's road blocks
Sun Sentinel

Casual real estate observers figure the South Florida housing market is flush with homes for sale and that anxious sellers are begging for any offers. But that's not the case these days as the region's housing climate steadily improves.

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