The appraisal, that staple of the mortgage process, is changing fast during the coronavirus pandemic. In rare instances, appraisers are donning haz-mat suits to walk through pricey properties. In some cases, homeowners are connecting by Zoom or FaceTime to give tours to appraisers who no longer are walking through homes. And for an increasing number […]
The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19. 1031 Like-kind exchanges. […]
