Amassing 10 to 20 percent of a purchase price for a down payment is a steep barrier to home ownership for first time home buyers. The Washington Post reports that real estate agents see a steady decline in first-time and young home buyers in the market. This year, the Virginia General Assembly created a new estate […]
On May 20th I attended the 32nd Annual Real Estate Practice Seminar sponsored by the Virginia Law Foundation. Attorney Jim Cox gave a presentation entitled, Affecting Real Estate at Death: the Virginia Real Property Transfer on Death Act. Jim Cox presented an overview of this new estate planning tool that went into effect July 1, 2013. Use of […]