In the tumultuous real estate market that has been dominating the last few years, there are losers and there are winners. Those who have lost their homes to foreclosure certainly know all too well what economic conditions have precipitated the housing crisis, including rising interest rates and payments, falling home values and lost income, and, times of employment. However, some […]
The median home price reached $506,000 in Los Angeles County in March 2006, breaking the half-million dollar mark for the first time in history. That figure is double what the median price in the area was just four years ago. The good news for prospective homebuyers in other areas of the country is that half a million dollars can still […]
In late May, the real estate world was rocked when HUD filed a lawsuit in the US District Court for the Central District of California against several major real estate firms and a natural hazard disclosure reporting company. alleging RESPA violations in connection with their former joint venture. Business Although at the time, the industry speculated that this lawsuit marked […]
Repair or replace Weyerhaeuser T-111 LP siding and Masonite siding? If you have defective materials in your home or the exterior of your home has one of these products installed 10 or more years ago, you are faced with a difficult decision about what to do with your home. I’ll try to help you with the options. Consider these points […]
Mortgage’s trial: A foreclosure occurs when a property owner is unable to make their loan payments. If a homeowner can’t keep up with the payments, he simply has to relinquish the property to the bank that holds the mortgage on the home. A bank can initiate a foreclosure action against the owner. They may sell or repossess (take possession of) […]
Common terms used to describe a mortgage involve “creditor,” “debtor,” and “mortgage broker.” It may be self-explanatory what those terms mean, but there are also other terms related to a mortgage that a homeowner may not be completely familiar with. We are going to cover some of them here: Creditor The creditor is the financial institution, usually a bank, that […]
The latest cell tower leasing trick we’ve come across is tower companies using “letters of intent” as a tool to get landlords to sign what they believe to be a harmless letter. Some people are led to believe that this is “just a way to secure these terms with our bosses” or “just a letter of understanding so we can […]
If you are considering investing in UK land, you will need to carry out an inspection of the property. The following questions and answers will help you understand the details of what a UK land ownership survey is, how the survey is carried out, and why a property survey is needed for UK land investments. What is a UK land […]
It’s trendy, and for good reason. I remember my first BRRRR strategy in 2004. I bought a house in Arvada, Colorado with hard money to fix up and flip. You wouldn’t believe it; the flip was a flop and i ended up with a problem. I was running over budget and had to cut back on my rehab. As way […]
The most important part of any house is the roof. If it wasn’t the roof over your head, you would have the rain and snow falling on your head. As you walk down a street, you will come across various types of roof constructions. If you live in an area that gets a lot of rain, you should go for […]
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