Hats off to the folks at “Secured Document” for creating one of the best scams I’ve seen in a while. Beware of the scam. The company is sending out these official-looking documents, asking for cash (in this case, $83). It looks as … [Read more...]
Hanover County eliminates proffers
The Hanover County Board of Supervisors voted 4-2 (with one absentee and one abstention) to eliminate cash proffers on new development — at $19,503, it is was the highest in the area. It hopes to offset the revenue loss with a proposed $10 … [Read more...]
Brokers: Self-audit requirement takes effect January 1
Beginning January 1, 2013, principal and supervising brokers will be required to conduct a self-audit at least once during each firm license term (and sole practitioners at least once during each license term) prior to renewal to ensure compliance … [Read more...]
FHA to require PMI for life of loan
If you have clients thinking about an FHA loan, you should tell them to act quickly. Not only is FHA going to be raising the cost of its required mortgage insurance, it’s also going to require that the insurance be kept for the life of the … [Read more...]
Oh noes — more social media for real estate (Pinterest, in this case)
The “social media” bandwagon continues its relentless roll. The latest car on that train being recommended for Realtors®? Pinterest. If you know what it is, feel free to skip ahead. If not… It’s yet another way, they say, … [Read more...]
Virginia home sales increase 12% in October; prices increase 9%
The October 2012 Virginia Home Sales Report has been released and yet again, most state-wide indicators show an improved housing market in the Commonwealth. As shown above, the pace of home sales in October 2012 (7,017) marked a 12% improvement over … [Read more...]
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