Below is a brief update on some issues moving in Washington D.C. this week. The one I would like to draw your attention to is the USDA rural housing issue. If you know a USDA borrower that has not received the Conditional Commitment and is facing an immediate closing deadline, or missed their closing andContinue reading “NAR Government Affairs Update”
Author Archives: Angie Hedgepeth
NCDOT – Public Meetings
Description – STIP Project No. U-4709 Widening of Rockfish Road from Golfview Road to N.C. 59 (E. Main Stree) and widening Golfview Road from Rockfish Road to N.C. 59 in Cumberland County Date: Tuesday, February 12 from 5:00 – 7:00 p.m. Location: Rockfish Elementary School – 5763 Rockfish Road, Hope Mills Desciption – STIP ProjectContinue reading “NCDOT – Public Meetings”
BREAKING NEWS from National Association of REALTORS…TAX WIN!
January 24, 2019 Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. AmongContinue reading “BREAKING NEWS from National Association of REALTORS…TAX WIN!”
Government Shutdown & Real Estate from National Association of REALTORS
What a Government Shutdown Means for REALTORS® As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage,Continue reading “Government Shutdown & Real Estate from National Association of REALTORS”
From the Desk of NC House Representative John Szoka
IMPORTANT: Even if you have been denied by FEMA or have not been made whole by FEMA you may still qualify for a low interest loan from the U.S. Small Business Administration. Do not be confused by the name, U.S. Small Business loans are available to homeowners, renters and small businesses alike. However, note, thereContinue reading “From the Desk of NC House Representative John Szoka”
Update from National Association of Association Political Representative
Flood Insurance Update: Congressional Leadership has assured us that Flood Insurance will be renewed by 11/30, most likely through a Continuing Resolutions. Like most of the extensions, expect it to pass very close to, if not at the deadline on 11/30. More to come. Proposed Increase to Residential Appraisal Threshold On Nov, 20,Continue reading “Update from National Association of Association Political Representative”