A 39-year-old man from South Carolina was sentenced Oct. 19 to 18 months in jail on a federal wire fraud charge stemming from a real estate scheme in which he and others used forged deeds and fake driver’s licenses to fraudulently transfer ownership of District of Columbia homes from the rightful owners. For HERE for
This recent Washington Post account shows exactly why title insurance is such a necessary part of any home purchase. This unfortunate home owner is trying to convey her house to her children, but an old mortgage holder from more than 30 years ago has shown up demanding payment! Find out what the homeowner’s options may
Updated purchase price and income limits for First-Time Homebuyers for the Tax Year 2019 (effective October 1, 2018) were pushed on p. 9852 of the DC Register on September 21. For Tax Year 2019, the purchase price for an eligible property shall not exceed $632,500.00, and the maximum household income with respect to persons living
GOVERNMENT OF THE DISTRICT OF COLUMBIA OFFICE OF THE CHIEF FINANCIAL OFFICER OFFICE OF TAX AND REVENUE September 5, 2018 District of Columbia Tax Rates Changes Take Effect Monday, October 1 (Washington, DC) – The District of Columbia Office of Tax and Revenue (OTR) reminds tax professionals, software providers, businesses, and others about tax rate
SAVE THE DATE! Our fall educational seminar will be on Thursday, November 8. We plan to have 4 CREDITS of continuing education(*) with check-in beginning at 10:30 AM and the seminar running until our regular finishing time of 4:00 PM. As usual, lunch will be provided. Details will follow, but the tentative schedule is: 10:30
The Department of Housing and Community Development is conducting a workshop on July 25 between 1:00 p.m. and 3:00 p.m. entitled “Let’s Talk TOPA: New Law Exempts Most Single Family Properties.” The workshop will provide an overview of the new law, including: Types of single family properties that are exempt Criteria that an elderly or
The feds have arrested 47 people in the US and abroad and recovered $14 million in Operation Wire Wire a coordinated law enforcement effort by the U.S. Department of Justice, U.S. Department of Homeland Security, U.S. Department of the Treasury and the U.S. Postal Inspection Service conducted over a six month period. “This operation demonstrates
On June 19 from 6:00 to 8:00 PM, DCRA will host Housing Bloom Workshop. Housing Bloom is Mayor Muriel Bowser’s annual month-long initiative that showcases how the public and private sectors are partnering to both produce and preserve affordable housing and revitalize neighborhoods across the District. For more information, contact: Jacqueline Noisette (202) 442-8170. Location: 1100 4th Street
On May 16 the National Association of Realtors® Broker Involvement Council lobbied Congress on four key issues affecting the real estate industry. They asked the U.S. House to pass H.R. 1447, which would protect Americans from housing discrimination on the basis of sexual orientation or gender identity. For more on NAR’s lobbying efforts, click here.
The D.C. Council has passed legislation making covenants or restrictions that restrict the ability of certain property to be used as a grocery store or food retail store void or unenforceable. The Grocery Store Restrictive Covenant Prohibition Act of 2018 is intended to prevent “food deserts” from forming in the District. The legislation’s impact on
