A House-Senate joint committee reconciling tax reform bills might be raising the mortgage-interest deduction cap to $750K. Haven't joined NAR's newest tax reform Call for Action? Do it now. http://www.floridarealtors.org/callforaction
It's like having a computer-geek best friend: Florida Realtors Tech Helpline, a free member benefit, can be reached via email, online chat or phone: 407.587.1450. http://www.floridarealtors.org/ToolsAndSupport/TechHelpline/index.cfm
Sellers who spend $5K on an upgrade and ask $10K more for their home will probably be disappointed. "Hardly anything will offer a net profit," says Realtor Barry Grooms. But some "help sell the property faster and fetch a higher sales price."
HUD will no longer allow FHA financing on properties if a PACE energy-efficient improvement lien remains in place. It says a mortgage default could threaten its Mutual Mortgage Insurance Fund since PACE loans have priority lien status.
The tax reform bill would provide generous tax cuts for corporations and the wealthiest Americans, with smaller tax cuts for middle- and low-income families. It also repeals the mandate that most Americans get health insurance,
Realtor.com doesn't text or email agents to sell leads, but an apparent scammer makes it appear that they do. He's contacting agents in the Northeast in a scam similar to an older one in which unrequested leads seemed to come from Zillow.