Opinion: It just got a lot more expensive to buy a house, file a fence line change and record other documents in Washington

first_img Subscribe Connect with LoginI allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgreeNotify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). Name*Email*Website Opinion: It just got a lot more expensive to buy a house, file a fence line change and record other documents in WashingtonPosted by ClarkCountyToday.comDate: Tuesday, May 25, 2021in: Columns, Opinionshare 0 guestLabel guestLabel 1 CommentOldest Newest Most Voted Inline FeedbacksView all commentscenter_img Name*Email*Website I allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgree Mark Harmsworth, of the Washington Policy Center, discusses House Bill 1277, which has almost doubled recording fees for many of the documents required for legal transactions in WashingtonThis opinion piece was produced and first published by the Washington Policy Center. It is published here with the permission of and full attribution to the Washington Policy Center. Mark HarmsworthMark HarmsworthThe state legislature quietly passed House Bill 1277 (HB 1277) during the 2021 session which has, in some cases, almost doubled recording fees for many of the documents that are required to be filed for legal transactions in Washington.The bill created a $100 surcharge on any document recorded by a county auditors office. For many counties, this means the first page of any recording is now over $200 and subsequent pages are charged at a $1 per page. In the case of a home refinance or purchase, the fee can easily exceed $300 for each document type.While the fee increase is not a direct tax, it is being used as one.Comparing Washington state to other states’ recording fees, Washington is by far the most expensive state in which to record documents.The average fees in other states range from no fee to around $45 dollars, with California and Oregon coming in at $89 per document.The increase in fees is basically a tax as the size of the fee doesn’t bear any relation to the administrative costs of recording the documents. The excess fees are effectively a social tax on homeowners and property owners (since the majority of the larger recordings are done during a home purchase) to pay for the state affordable housing programs.Home purchases and refinancing homes are an expensive financial transaction and Washington State just made that transaction more expensive. Due to the nature of home purchase and refinance transactions, which have complex and lengthy financial statements and fees, the increase in the recording fee is likely to be lost in the complex financial transaction totals.It is unfortunate that the legislature chose to increase fees on homeowners, making homes more expensive to purchase in Washington for both first time homeowners and those wishing to refinance their homes to reduce payments or improve their properties.The state should be reducing the financial burden on homeowners, many who have struggled to make their budgets work during the state mandated lockdowns.Mark Harmsworth is the director of the Small Business Center at the Washington Policy Center.AdvertisementThis is placeholder textTags:Clark CountyhomeownersHouse Bill 1277Latestlegal transactionsMark Harmsworthproperty ownersrecording feesVancouverVancouver WashingtonWashington Policy CenterWashington Stateshare 0 Previous : Woodland Reads program encourages and motivates young readers at Woodland Public Schools Next : Prairie basketball coach Kyle Brooks calls it a careerAdvertisementThis is placeholder text Anthony Lynch Anthony Lynch 17 days ago That’s par for the course for Washington. Money money money! https://www.youtube.com/watch?v=GXE_n2q08Yw 0 Replylast_img read more

Ford teases the 2020 Escape ahead of its full reveal next week

first_img See More Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Trending in Canada ‹ Previous Next › This is just the second time the Escape has been fully rebooted since its inception in 2000, so the changes are due. The original platform clung on – undergoing an extensive upgrade in 2008 – until 2013, when the current platform that still underpins the 2019 model was debuted.https://twitter.com/Ford/status/1111221475527327744The unveiling of the new-gen Escape in North America will go down in tandem with the reveal of the near-identical European version, which comes with a way cooler name, the Kuga.  The specifics of what’s to come on Tuesday have not been confirmed, but the spy shots are circulating, as are the rumours. The Escape is expected to house either Ford’s turbo 1.5-litre, a turbo 2.0-litre or a hybrid power plant. Trending Videos The Rolls-Royce Boat Tail may be the most expensive new car ever PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Ford took to Twitter to announce the covers are about to come off the 2020 Ford Escape. The all-new small SUV will be unveiled April 2nd.The eight-second video doesn’t give too much away, focusing on panning shots of the grille, tail lights and badge across the rear hatch.The caption is similarly vague: “Best-ever Escape performance, unrivaled flexibility and smart new technology. The all-new #FordEscape debuts April 2.” COMMENTSSHARE YOUR THOUGHTS advertisement Created with Raphaël 2.1.2Created with Raphaël 2.1.2 2019 Ford Escape Titanium  JIL MCINTOSH, DRIVING We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. RELATED TAGSEscapeFordSUVNon-LuxuryNew VehiclesNon-Luxury The Driving.ca team will bring you all the specifics on April 2. Stay tuned. last_img read more