Monthly Archives: October 2016

Infographic: How Tech Could Radically Change Your Home

Inspirational Teched Out House Infographic by The Rug Seller by The Rug Seller Go to Source The Iwaniw Team Residential Marketing Specialists @Avalar Atlantic Properties Direct: 856-318-9098 Cell: 856-404-5635 http://www.iwaniw.com/ Like Us on Facebook: http://www.facebook.com/SNJHomes

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FHA Condo Owner-Occupancy Update

On Oct. 26, 2016, the Department of Housing and Urban Development (HUD) issued a mortgagee letter making changes to the Federal Housing Administration's (FHA) owner-occupancy requirement for condominiums in accordance with the requirements of H.R. 3700, the Housing Opportunity Through Modernization … Continue reading

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Don’t Spook Buyers! Here Is Some Tasteful Halloween-Inspired Curb Appeal

By Melissa Dittmann Tracey, REALTOR(R) Magazine You don’t want to scare buyers away. But who says you can’t have a little fun with your listing for Halloween? Sure, you should probably skip the full cemetery tombstone display for the sake … Continue reading

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USDA Guaranteed Loan Fee Change

As of October 1, 2016, the upfront guarantee fee for USDA Guaranteed Loans is now 1.0% of the loan amount, a reduction of 1.75% from FY 2016.  The annual fee is now 0.35% of the average scheduled unpaid principal balance … Continue reading

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VA Specially Adapted Housing Grant Changes

As of October 1, 2016, the U.S. Department of Veterans Affairs (VA) has increased the aggregate amounts of assistance available under the Specially Adapted Housing (SAH) grant program by 4.797 percent from FY 2016 levels, in alignment with an increase in … Continue reading

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NAR Comments on Know Before You Owe Rulemaking

On October 18, 2016, NAR sent a letter to the Consumer Financial Protection Bureau (CFPB) commenting on its recent proposed rule amending the Know Before You Owe (KBYO) regulation, or “TRID.”  While KBYO has resulted in more transparency for consumers … Continue reading

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View the Same Property Staged 3 Different Ways

By Saghar Setareh, CoContest guest contributor How can you know the best style for staging a property? After all, you’ll need to satisfy home buyers’ various style tastes as well as make sure you’re showing the property in its best … Continue reading

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NAR Comments On GSE Reform Efforts

On October 12, 2016, NAR submitted comments to the Federal Housing Finance Agency (FHFA) on its request for input on credit risk transfer policy issues. In an effort to engage more private capital in the secondary mortgage market, Fannie Mae and Freddie … Continue reading

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Court Sides with PHH Upholding RESPA Section 8

On October, 11, 2016, the U.S. Court of Appeals for the D.C. Circuit issued an opinion in the case of PHH v. CFPB. In this case, the court vacated a $109 million penalty imposed by the Consumer Financial Protection Bureau … Continue reading

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NAR Comments on ADA Website Accessibility

On October 7, 2016, NAR President Tom Salomone submitted a comment to the Department of Justice (the Department) regarding their May 9, 2016, proposed rulemaking under Title II of the Americans with Disabilities Act (ADA) concerning the accessibility of Web … Continue reading

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