Real Estate News – August 10, 2012

About a third of all Fannie Mae and Freddie Mac loans refinanced in June went through the recently revamped Home Affordable Refinancing Program (HARP). That’s up from a 20 percent share in April (via REALTORMag):

FHFA Questions Plan to Seize Underwater Mortgages (via REALTORMag):

The municipal government in Macomb County, Michigan, sold off its entire “inventory” of tax-foreclosed properties — 650 total — to a single buyer for $4.8 million (via REALTORMag):

What Does Chick-fil-A Have to Do With Commercial Real Estate Activity? (via

Appraisers are your gatekeepers to gift tax deadline (via

A pair of squatters are refusing to leave a Littleton, Colo., home in which they’ve taken up residence, despite a judge’s order to leave. Following an eight-month legal battle, a judge has ordered the squatting couple to vacate the home within two days, but now two weeks later, the couple is still there (via REALTORMag):

Trayvon Martin’s mother is asking for money from the homeowner’s association of the gated community where her son was shot and killed by George Zimmerman (via


Posted in Blog, Real Estate Law