Beginning March 1, 2026, certain residential real estate transactions will be subject to new federal reporting requirements under the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). If you’re buying property through an LLC, corporation, or trust — particularly with cash — this may apply to you. In Northern Virginia, that’s important. In […]
In recent months, many condominium communities across the country — including here in the DMV — have faced unexpected roadblocks when it comes to financing. Both Fannie Mae and Freddie Mac have tightened their lending requirements for condos, causing significant delays and complications for buyers and sellers alike. As I work with buyers and sellers […]
Per Mortgage News Daily mortgages on second homes and investment properties are about to become more expensive: FHFA (Fannie Mae’s and Freddie Mac’s conservator) announced March 10 that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they purchase (roughly HALF their historic levels!), effective April […]