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Search Results: keywords:"appraisals"

  • H.R. 197, known as the “Lake Winnibigoshish Land Exchange Act of 2025,” proposes a land exchange in the Chippewa National Forest in Minnesota. The bill would allow Big Winnie Land and Timber, LLC (BWLT) to exchange 36.7 acres of non-federal land with 17.5 acres of federal land owned by the...

    Simple Explanation

    H.R. 197 is a proposal where the U.S. government and a company called Big Winnie Land and Timber, LLC will swap pieces of land in Minnesota. The company will give the government some land to add to a forest, and both sides need to agree that the trade is fair and safe.

  • S. 1178, titled the "Getting Renewable and Energy Efficient Neighborhoods Appraisals Act of 2025," aims to improve how energy efficiency is considered in home appraisals connected with residential mortgage loans. It requires loan creditors to inform borrowers about the option...

    Simple Explanation

    S. 1178 is about making sure houses are checked for how good they are at saving energy when people want loans to buy them. It says that people who check the value of houses should also look at how much energy the house will save, which helps everyone understand the house's true worth.