Wednesday, October 31, 2012

Morning Real Estate Fix


Sandy amps up anxiety of home buying (Washington Post)  Delays in settlements can cause headaches, and the shifted liability - as sellers remain liable for storm damage until settlement - can be a cause of litigation.

A look at proposals to limit the mortgage interest deduction (LA Times)  With the deduction saving taxpayers $484 billion per year, numerous proposals to ratchet down the deficits of the last 3 years have the popular credit in their sites.

Constitution Center leases remaining space (Biz Journal)  3 new federal agencies fill the vacant space at the recently renovated building in southwest designed for high-security government tenants.

DC property fared much better than that of NYC (Atlantic Cities)  Parts of lower Manhattan were under enough water to submerge cars.

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