Should a House Be in an Irrevocable Trust?

A home can go into an irrevocable trust. But giving up control over a primary residence is not something most owners want to do. The owner lets go of the “incidents of ownership” and the house goes under a separate tax ID, with taxes filed by a trustee. The owner might continue living in the home, butContinue reading “Should a House Be in an Irrevocable Trust?”

How Rooftop Solar Benefits Your Neighbors

Homeowners who install solar on their roofs lower electricity costs for those around them, new study finds. By Sami GroverPublished February 12, 2021 11:09AM ESTFact checked by Haley Mast Ever since rooftop solar became cheap enough to start proliferating, there has been debate about fairness and equity. Specifically, some have argued that policies like net metering –Continue reading “How Rooftop Solar Benefits Your Neighbors”

MORRILL ACT OF 1890

1890 IS OUR HISTORY, TOO! MORRILL LEGISLATION Senator Justin Smith Morrill was an abolitionist who had a vision that education would be for all social classes and offered a shift from predominantly classical studies to applied studies. This academic shift prepared students for the real world and advanced the nation by providing an opportunity to educateContinue reading “MORRILL ACT OF 1890”

Hud Virtual Homelessness Conference

Dear Stakeholder,   Hope all is well with you.   I am writing to invite you to attend the U. S. Department of Housing and Urban Development  (HUD) Region IV Homelessness Virtual Conference that will be held on Tuesday, December 15, 2020. The Virtual Conference will be held using Teams Live Platform. This year forContinue reading “Hud Virtual Homelessness Conference”

‘What Realtors did was an outrage’: National association apologizes for role in housing racial discrimination

Nov. 19, 2020 at 2:10 pm Updated Nov. 20, 2020 at 4:47 pm By JOHN GITTELSOHNBloomberg The real estate industry contributed to racial inequality and segregation in housing, an “outrage” that merits a historic apology, the incoming president of the National Association of Realtors (NAR) said. “What Realtors did was an outrage to our morals and ourContinue reading “‘What Realtors did was an outrage’: National association apologizes for role in housing racial discrimination”

ALTERNATIVES TO CRIMINALIZATION FOR VETERANS

To end homelessness, we must reduce the number of people who enter the criminal justice system from homelessness and prevent homelessness among people leaving criminal justice settings. USICH would like to spotlight the work of our partners at the Department of Veterans Affairs (VA) and their continued support to communities across the country. Veteran-focused CourtsContinue reading “ALTERNATIVES TO CRIMINALIZATION FOR VETERANS”

Empowering military consumers–all year long

This is a joint blog by the Department of Defense (DoD), the FTC and the Consumer Financial Protection Bureau (CFPB).JUL 31, 2020 As we approach the end of Military Consumer Protection Month, it’s time to think about how we can support servicemembers all year long. Seven years ago, the Federal Trade Commission (FTC) launched MilitaryContinue reading “Empowering military consumers–all year long”

How does owner financing work? What homebuyers and sellers need to know

Erik J. Martin – Bankrate – Thursday, August 20, 2020 Buying or selling a home can be a complicated process. Sometimes, homebuyers have trouble qualifying for a mortgage. Other times, sellers yearn to cut through the red tape and net potentially more profit.The solution for both may be owner financing. Although not very common today,Continue reading “How does owner financing work? What homebuyers and sellers need to know”

Reverse mortgage pros and cons

Peter G. Miller – Bankrate – Wednesday, August 19, 2020 Reverse mortgages have become more attractive as a result of low mortgage rates, which have given homeowners the ability to access more of their home’s equity, even if its value hasn’t considerably gone up. In a reverse mortgage, this ultimately makes more money available toContinue reading “Reverse mortgage pros and cons”

Steer Clear of “Steering”

July 10, 2020Working With Buyers, Fair Housing, Fair Housing Act “Steering” is the practice of influencing a buyer’s choice of communities based upon one of the protected characteristics under the Fair Housing Act, which are race, color, religion, gender, disability, familial status, or national origin. Steering occurs, for example, when real estate agents do not tell buyers aboutContinue reading “Steer Clear of “Steering””