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Lawmakers advance real estate transfer tax proposal

Lawmakers advance real estate transfer tax proposal

by Third Party | Dec 19, 2021 | News/Current Events, Real Estate News

Source: Wyoming News —  CHEYENNE – Though it may not appeal to all parts of Wyoming, legislators pushed forward a bill this week that would allow for a local option 1% tax on real estate sales over $1 million. The Joint Revenue Committee voted 8-4 Wednesday to...
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million

Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million

by Third Party | Dec 18, 2021 | Industry Updates, Mortgage Information, News/Current Events

Source: News Bitcoin —  Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit the Market’ Ledn announced Wednesday “the impending launch of a bitcoin-backed mortgage product,” which the company says is “the first product of its kind to hit the market.”...
Omicron Variant Hits the Luxury Real Estate Market

Omicron Variant Hits the Luxury Real Estate Market

by Third Party | Dec 18, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Realtor —  The recent volatility in the stock market and cryptocurrencies, fueled by anxiety over the omicron variant, has some would-be homebuyers pressing pause on pricey real estate purchases. That’s been the case for New York native Neil Kapoor, 36,...
What You Should Know About Mortgage Prepayment Penalties

What You Should Know About Mortgage Prepayment Penalties

by Third Party | Dec 18, 2021 | Mortgage Information

Source: Forbes —  Purchasing a real estate property through a mortgage is a substantial financial commitment and thus, the underlying terms and conditions should not be ignored. The property buying process includes contractual agreements that may indicate...
Will the Real Estate Market Crash in 2022?

Will the Real Estate Market Crash in 2022?

by Third Party | Dec 18, 2021 | News/Current Events, Real Estate News

Source: Tap Into Randolph —  Overall, New Jersey home prices will continue rising through 2022, but are expected to fall in 2023 as inflation and/or a possible recession take the bloom off the housing market, according to NJ real estate guru Jeffrey Otteau,...
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