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AG gets judgments against two defendants in mountain real estate scheme
March 12, 2010 Posted by North Carolina RealEstateRama
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
November 6, 2009 Posted by North Carolina RealEstateRama
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
October 15, 2009 Posted by North Carolina RealEstateRama
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
August 28, 2009 Posted by North Carolina RealEstateRama
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
February 3, 2009 Posted by North Carolina RealEstateRama
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
October 30, 2008 Posted by North Carolina RealEstateRama
Firms take struggling homeowners’ money, fail to save their homes
Charlotte, NC - October 30, 2008 - (RealEstateRama) — Attorney General Roy Cooper is taking legal action to stop three Charlotte area foreclosure rescue companies from charging high fees but failing to save consumers’ homes.
First of its Kind Program Aims to Drastically Reduce North Carolina Foreclosure Actions
August 19, 2008 Posted by North Carolina RealEstateRama
Raleigh, NC - August 18, 2008 - (RealEstateRama) — Raleigh - Gov. Mike Easley has signed into law legislation that he expects will reduce home foreclosure filings due to the sub-prime mortgage crisis during the next two years. The governor’s “Emergency Foreclosure Reduction Program” could keep more than 25,000 working families in their homes and […]
Cooper applauds new laws to fight crime, help struggling homeowners
July 29, 2008 Posted by North Carolina RealEstateRama
Raleigh, NC (RealEstateRama) July 18, 2008 - The General Assembly agreed to major initiatives to fight crime and gangs and help North Carolina homeowners facing foreclosure this session Attorney General Roy Cooper said today.
Company promised to save homes from foreclosure, pocketed money instead
May 10, 2008 Posted by North Carolina RealEstateRama
Raleigh, NC - May 2, 2008 - A Lenoir County company that targeted distressed homeowners with false offers to help save them from foreclosure has been ordered to stop taking consumers’ money, Attorney General Roy Cooper said today.
“Times are tough and many people are looking for help to save their home,” said Cooper. “We won’t […]
Don’t pay for overpriced property deeds, AG Cooper warns
April 8, 2008 Posted by North Carolina RealEstateRama
Scheme charges inflated prices for public documents
Raleigh - April 7, 2008 - Attorney General Roy Cooper today reminded North Carolina homeowners not to fall for a scheme that charges inflated prices for certified copies of property deeds that often are available from their county governments for free or for a small fee.
Fresh Start promised homeowners it could stop foreclosure but failed to deliver
February 9, 2008 Posted by North Carolina RealEstateRama
February 8, 2008 - Raleigh: A Florida company that took struggling homeowners’ money but did little or nothing to help them fight foreclosure has been ordered to stop, Attorney General Roy Cooper said today.
Hotline to help North Carolinians facing foreclosure
February 4, 2008 Posted by North Carolina RealEstateRama
HOPE hotline will connect callers with local non-profits to help people keep their homes
Raleigh: Help for North Carolinians who are at risk of losing their homes to foreclosure is now just a telephone call away, Attorney General Roy Cooper and the Office of the Commissioner of Banks announced today.
Attorney General Roy Cooper calls on Congress to strengthen mortgage
December 3, 2007 Posted by North Carolina RealEstateRama
“A national law to fight predatory lending is long overdue, but it shouldn’t come at the expense of North Carolina homeowners. If Congress passes this law as currently written, North Carolina consumers will actually be worse off. Congress must allow our state to keep the strongest laws in the country.”
North Carolina Citizens Say “No” to the Home Tax
November 7, 2007 Posted by North Carolina RealEstateRama
Greensboro, NC, November 7, 2007 — By an overwhelming margin, citizens in 16 counties resoundingly defeated a real estate transfer tax on Tuesday night. The proposed transfer tax, also known statewide as the “home tax,” would have resulted in property owners being forced to pay an additional tax just for the privilege of selling their […]
North Carolina Estate Tax Information
September 5, 2007 Posted by North Carolina RealEstateRama
G.S. 105-32.2(a) - North Carolina imposes an estate tax on the estate of a decedent when a federal estate tax is imposed on the estate and the decedent was either (1) a resident of North Carolina who owned property in North Carolina or property that has a tax situs in another state or, (2) a […]
