Bloomington Real Estate News
Sunday Mar 22 | via Journal Gazette
Housing advocates say an Indiana law that has helped thousands of residents avoid foreclosure could be gutted under a bill lawmakers are considering. Comment?
Wednesday Mar 18 | via Indianapolis Business News
Central Indiana home transactions were on the rise for the third straight month in February, a positive sign for the residential real estate industry after a disappointing year in 2014. Comment?
Tuesday Mar 17 | via Daily Herald
The Indiana Bureau of Motor Vehicles could soon issue photo-less state identification cards under a proposal that an Indiana Senate committee passed Tuesday. The Homeland Security and Transportation Committee voted 8-0 to approve the measure, which would allow a religious exemption to Indiana's photo requirement on state IDs. Comment?
Sunday Mar 15 | via The Indianapolis Star
Are you paying too much in property taxes? An incorrect assessment on your home's value could impact how much you pay. Check out this story on IndyStar.com: http://indy.st/1MCd1Hq Property assessments, which are key to calculating tax bills, can change year to year. Comment?
Friday Mar 13 | via The Indianapolis Star
Bill could strip struggling Hoosiers of rights to save homes Senate Bill 415, as it is written now, could remove required settlement conferences with lenders. Check out this story on IndyStar.com: http://indy.st/1GALe69 When Mark Keefe, 64, Indianapolis, ran into financial trouble and became delinquent on his mortgage payments, he used the mortgage settlement conference program allowed under Indiana law to help him keep his Southside house. Comment?
7 min ago | via Columbia Daily Herald
Democratic U.S. Rep. Steve Cohen is renewing his push to rein in lenders that charge excessively high interest rates on payday loans and other consumer credit products. Cohen, D-Tenn, and U.S. Rep. Matt Cartwright, R-Pa., filed legislation last week that would limit the interest rates and fees that lenders can charge for all consumer credit transactions, such as mortgages, car loans, credit cards, car title loans and payday loans. Comment?
8 min ago | via Credit.com
Closing costs are one of the most confusing and misunderstood parts of the homebuying journey. About a third of prospective buyers feel "not very" or "not at all" aware of them, according to a recent survey from real estate data and technology firm ClosingCorp. That can be a problem for buyers who jump into the homebuying process without budgeting for these costs and fees, which can total 2% to 5% of the purchase price or more. Comment?
15 min ago | via Bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. -- Temasek Holdings Pte and four partners agreed to buy two prime central London properties for 308 million pounds for a residential and office tower development as Asian investors snap up overseas real estate. Comment?
20 min ago | via Concord Monitor
In February of last year, Steeplegate Mall was Concord's second-largest taxpayer at an assessed value of $52 million. Now, the city's assessing database values the Loudon Road mall at just $30 million. Comment?
27 min ago | via Korea Herald
South Korea's top financial regulator vowed Monday to focus more on supporting the financially needy by strengthening local microfinancing services as it kicked off a second round of the state-led debt relief program for mortgage borrowers. The pledge came one day after the Financial Services Commission announced a plan to provide an additional 20 trillion won to help borrowers convert their short-term floating-rate loans into long-term, fixed-rate ones. Comment?
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