Laws & Taxes

Laws & Taxes

Duke Energy Resolves Wyoming Wind Farms Property Tax Appeal

CHARLOTTE, N.C. - January 24, 2011 - (RealEstateRama) -- Duke Energy has reached a settlement with the Wyoming Department of Revenue on the company’s 2010 property tax valuation appeal.

New law to protect homeowners, homebuyers starts Friday

Raleigh, NC - September 30, 2010 - (RealEstateRama) -- North Carolina homeowners, especially those struggling with financial problems, will have more protection from schemes that can lead to problems like foreclosure starting Friday, Attorney General Roy Cooper said today.

State to Gain $229 Million in Affordable Apartments

Raleigh, NC - August 17, 2010 - (RealEstateRama) -- North Carolina will gain $229 million in affordable rental apartments as the result of federal tax credits approved this week by the Tax Reform Allocation Committee and loans from the North Carolina Housing Finance Agency.

Justice Center urges lawmakers to protect North Carolina’s homes from abusive practices on Tuesday

RALEIGH, NC - May 24, 2010 - (RealEstateRama) -- Homeowners struggling with the worst economic crisis since the Great Depression shouldn't have to worry about scams designed to rob them of hard earned equity in their home or put them in costly contracts that promise but do not deliver homeownership.

AG gets judgments against two defendants in mountain real estate scheme

Raleigh - March 11, 2010 - (RealEstateRama) -- Attorney General Roy Cooper got consent judgments this week against two of the defendants in the Village of Penland real estate scheme, Richard Amelung and J. Kevin Foster

Coble Praises Extension Of Homebuyers Tax Credit

WASHINGTON, D.C. - November 5, 2009 - (RealEstateRama) -- As the author of one of the first bills to extend the tax credit for home buyers, U.S. Rep. Howard Coble (R-NC) today praised passage of a bill that will extend the credit through next April and will make additional home buyers eligible for the tax credit.

Two Defendants in Home Mortgage Fraud Scheme Sentenced

RALEIGH, NC - October 13, 2009 - (RealEstateRama) -- United States Attorney George E.B. Holding announced that in federal court on October 5, 2009, United States District Judge W. Earl Britt sentenced CINDY TILLEY GREER, 51, of Clarendon, North Carolina, to 36 months’ imprisonment followed by three years of supervised release and on October 6, 2009, STANLEY GARFIELD WILLIAMS, JR., 38, of Bolivia, North Carolina, received 70 months’ imprisonment followed by five years supervised release. Also GREER was imposed a fine of $6,000.

$95 Million Awarded to North Carolina to Build Affordable Apartments

Raleigh, NC - August 27, 2009 - (RealEstateRama) -- The U.S. Treasury has awarded $95 million to North Carolina to jump-start stalled development of 36 affordable apartment projects in 26 counties. The North Carolina Housing Finance Agency, which manages the federal housing tax credit program, will provide the funds to 36 rental developments that were awarded tax credits in 2007 and 2008 and applied for the assistance.

Gov. Perdue Authorizes Tax Credit Program to Life Housing, Build Economy

Raleigh, NC - February 3, 2009 - (RealEstateRama) – In a move today to help stimulate the economy with the sale of more than 1,500 North Carolina homes, Gov. Bev Perdue signed the authorization that will provide new financial assistance to first-time home buyers.

AG Cooper goes after Charlotte foreclosure rescue scams

Firms take struggling homeowners’ money, fail to save their homes Charlotte, NC - October 30, 2008 - (RealEstateRama) — Attorney General Roy Cooper is taking legal action...

First of its Kind Program Aims to Drastically Reduce North Carolina Foreclosure Actions

Raleigh, NC - August 18, 2008 - (RealEstateRama) — Raleigh - Gov. Mike Easley has signed into law legislation that he expects will reduce...

Cooper applauds new laws to fight crime, help struggling homeowners

Raleigh, NC (RealEstateRama) July 18, 2008 - The General Assembly agreed to major initiatives to fight crime and gangs and help North Carolina homeowners...

Company promised to save homes from foreclosure, pocketed money instead

Raleigh, NC - May 2, 2008 - A Lenoir County company that targeted distressed homeowners with false offers to help save them from foreclosure...

Don’t pay for overpriced property deeds, AG Cooper warns

Scheme charges inflated prices for public documents Raleigh - April 7, 2008 - Attorney General Roy Cooper today reminded North Carolina homeowners not to fall...

Fresh Start promised homeowners it could stop foreclosure but failed to deliver

February 8, 2008 - Raleigh: A Florida company that took struggling homeowners’ money but did little or nothing to help them fight foreclosure has...

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How One Agent Is Surviving In Today’s Market

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)

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New Hanover County, NHRMC Finalize Purchase of Health Department Property

New Hanover Regional Medical Center (NHRMC) and New Hanover County have executed an agreement for NHRMC to purchase the county’s Health Department property located at 2029 South 17th Street for $19,350,000.