by Allshore | Nov 19, 2014 | ANNOUNCEMENTS, HOUSING TRENDS, PRESS ROOM
“October activity plus continued low interest rates should mean the housing market in New Mexico will end 2014 on a positive note,” says Sandylee Pasquale, RANM 2014 President. “Year to date sales numbers are slightly ahead of 2013 January through October numbers, but...
by Allshore | Nov 19, 2014 | ANNOUNCEMENTS
RANM’s Legal Hotline recently became aware of a check fraud scheme in which a property buyer, purportedly from China, defrauded a New Mexico title agent of more than $400,000. Please be vigilant regarding large overpayments by a buyer and requests for large...
by Allshore | Nov 12, 2014 | ANNOUNCEMENTS
The income tax exemption on mortgage debt forgiven in a short sale or a workout for principal residences expired at the end of 2013. Without immediate action by Congress, distressed homeowners will have to pay tax on “phantom income” from forgiven debt. Many...
by Allshore | Nov 12, 2014 | ANNOUNCEMENTS
The National Association of REALTORS® (NAR) advises members that the use of drones for real estate marketing is currently prohibited by the Federal Aviation Administration. » Get the details and information on efforts being made for future commercial use of drones. »...
by Allshore | Nov 12, 2014 | ANNOUNCEMENTS
Tell the EPA to Withdraw their Proposed Rule to Regulate Most Water Bodies The Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers (The Corps) have issued a proposed rule-making that redefines most water bodies as “waters of the U.S.,”...