Residential Properties Ltd.

Real Estate Insight®

July 26, 2010
by realestateinsight
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Providence City Council Proposes 88% Tax Increase for landlords

 On July 14th, the Providence City Council’s Finance Committee voted to increase the property tax rates for residential and commercial property and eliminate the homestead exemption for owners of 1 – 5 non-owner occupied properties.   The full City Council … Continue reading

July 14, 2010
by realestateinsight
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Fannie Mae Addresses Appraisal Issues

Implemented last spring by Fannie Mae and Freddie Mac, The Home Valuation Code of Conduct (HVCC) banned lenders from selecting appraisers to valuate homes in the deals which they are brokering. The purpose was to prevent inflated and fraudulent appraisals … Continue reading