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Reffkin trades in Compass stock for $7M cash bonus

Housing Wire

While the firm has succeeded in trimming costs and reducing operating expenses , it is now finding itself in the crosshairs of multiple copycat commission lawsuits , which will lead to an increase in legal costs. For the changes to Reffkin’s compensation plan alone, Compass will pay $25,000 in legal fees, according to the SEC filing.

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Streamlining subsidies to build more affordable housing

Housing Wire

To build market-rate housing, project financing is relatively straightforward, typically requiring a mix of private equity and debt. Financing affordable housing projects requires developers to put together a mix of funding from local, state, and federal sources, private equity, and philanthropy, in the form of tax credits, loans, and grants.

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Title insurers reckon with attorney opinion letters

Housing Wire

Daniel Wold, ALTA’s president, added: “We will continue speaking out against alternatives to title, which pose an even greater risk to the housing finance system.”. “This is a top priority for ALTA.”. The intent was to promote affordable and sustainable housing opportunities for more households nationwide,” Tomb said.

Insurance 291
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5 Negotiation Secrets Smart Buyers Use to Get Better Deals

Berkshire Hathaway

Successful real estate negotiation begins by knowing what you are looking for exactly. Besides the purchasing price, your budget should also include other costs such as renovations, structural and environmental assessments, downtime during transitions, legal fees, realty commissions, taxes, and contingencies.

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