Legislative Updates
Legislative Update: Suspension of Beneficial Owner Information Reporting Under the Corporate Transparency Act
NO ENFORCEMENT OF BENEFICIAL OWNER INFORMATION REPORTS UNDER THE CORPORATE TRANSPARENCY ACT! The Trump administration has suspended all enforcement of the Corporate Transparency Act! This means that no one is required to report beneficial owner information and no fines or penalties will … Read more »
In Case You Didn’t Know…
IRS unveils huge fine increase for underpayment of estimated taxes… Fine for underpayment of estimated taxes have been risings with Fed’s rate hikes Penalty hit 8% as of October 1, up from lowest possible 3% in early 2021 Fine mainly … Read more »
Great News for Floridians from the National Real Estate Insurance Group
Named Storm Coverage Availability in Florida Notice: Hello, We understand the unique challenges and risks posed by Florida weather patterns. As such, we are pleased to inform you that National Real Estate Insurance Group has secured a limited amount of additional … Read more »
USDA Eligibility and Loan Limits for 2021
Here are the links to determine property location eligibility for USDA along with PDF & link of most recent National maximum loan amounts for USDA Click here to determine your property location eligibility for USDA Click here for the … Read more »
2014 FHA Loan Requirements
FHA minimum credit score is 500 to buy a house or refinance. New FHA policy requires a minimum credit score of 500 to buy a house or refinance. Borrowers with a credit score above 500 are eligible for an FHA … Read more »
