Real Estate
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The historic Anthony-Kinney Farm has earned a spot on the National Register of Historic Places by the National Park Service, the R.I. Historical Preservation and Heritage Commission announced Wednesday. more
A federal appeals court has sided with lenders challenging an injunction in Rhode Island’s improper foreclosure case, remanding the case back to U.S. District Court for further review. more
BOSTON – Gov. Deval L. Patrick last week announced a new housing compact that creates a goal of providing 10,000 mortgage loans to first-time homebuyers over the next five years. more
A settlement between the federal Consumer Financial Protection Bureau and a Texas homebuilder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home real estate transactions. Put another way, do you know where your money is really going when you pay thousands of dollars in loan fees and closing charges? Is your realty broker or builder getting an extra piece of the action through side deals with lenders or title agencies – all at your expense through higher charges? more
BOSTON – As part of $563 million set aside by the U.S Department of Housing and Urban Development, the Narragansett Indian Tribe has received a grant of $499,110 to support efforts to maintain … more
The number of homes in Rhode Island with underwater mortgages increased to 25.8 percent during the first quarter of 2013, CoreLogic reported Wednesday. more
A new report has shown that Providence is the only one of the country’s top 100 housing markets that is currently classified as “dangerous” for investors, bucking generally positive national trends for home buyers, HomeVestors of America Inc. and Local Market Monitor reported late last week. more
As real estate projects, the HP Pavilion arena in San Jose, Calif., and the George C. Arnold Building on Washington Street in Providence are worlds apart. more
Blair Bailey, New Bedford’s tax title attorney, can’t say exactly how many vacant lots there are in the city, only that the number hasn’t dropped significantly since the height of the foreclosure crisis. more
Here’s a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren’t sufficient to qualify for a mortgage under today’s tough underwriting standards: Thanks to a rule change by the largest players in the home-loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you want. more
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