Archive for the 'Investment Property' Category
This week in housing & finance… 2/8/10.
INFO THAT HITS US WHERE WE LIVE The Pending Home Sales Index recovered from its November slump, increasing 1.0% in December, putting it 10.9% over its level of a year ago. National Association of Realtors chief economist Lawrence Yun sees “…a broad improvement over year-ago levels. December activity was the fifth-highest monthly tally in two […]
Read More..>>Foreign Real Estate Investors Favor the U.S.
Foreign Real Estate Investors Favor the U.S.
Jan 19, 2010 - CRE News A majority of foreign real estate investors favor the United States and are poised to increase their activity here this year.
Their allocations for equity investments in U.S. commercial properties this year are up 62% from a year ago and their […]
HUD Takes Action to Speed Resale.
Hopefully, this will be great new for buyers, sellers & community values!
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS
Measure to help bring stability to home values and accelerate sale of vacant properties
WASHINGTON - In an effort to stabilize home values and improve conditions in communities where foreclosure […]
Short Sale Scams Continue… at the bank level.
Below is a link to a story that was recently run on CNBC. This goes into a little more detail about how the short sale scams are continuing… only at the banking level… and it’s putting our homeowners in a very difficult situation. Frankly, this story is disgusting, yet something we are continuing to see […]
Read More..>>News that effects us all! FEMA has changed the flood maps.
News that effects us all! FEMA has changed the flood maps.
The Federal Emergency Management Agency (FEMA) and the National Flood Insurance Program (NFIP) are updating flood hazard maps across the country. These new flood maps, also, known as Digital Flood Insurance Rate Maps (DFIRMs), show flood risk at a property-by-property level. Changing weather patterns, erosion, […]
Does my home qualify for a USDA loan?
Curious if your home (or new home!) qualifies for a 100% USDA loan? Just check out their website and type in your new address.
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property@11
Treasury sets guidance to simplify “short sales”
Treasury sets guidance to simplify “short sales”
By Al Yoon Al Yoon – Mon Nov 30, 6:58 pm ET
NEW YORK (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and other loan modification alternatives to stem a rising tide of foreclosures.
The Home Affordable […]
Property Management Q & A - Can a tenant break the lease?
Property Management q & a
Q: A tenant of mine was the victim of a “home invasion” break-in (it was a co-worker who was mad at him for some reason that broke in). He says he is breaking his lease (he is in the first month of a 12 month lease) and moving out. Does he […]
Tenant Occupancy & Foreclosure. How long can I stay?
Tenant Occupancy and Foreclosure. How long can I stay?
Question:
Are there new state and/or federal laws affecting tenant occupancy of rental property after a foreclosure sale?
Answer:
Yes. Both Washington State and the United States recently created new law addressing a tenant’s right to retain occupancy of housing after a foreclosure sale. The Washington law took […]
Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!
Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!
Here is a perfect example of why you should ensure all parties are on board for any legal or real estate transaction. If you have any questions about what you’re trying to accomplish, talk to an expert.
Question:
Property owner owned two adjoining lots. Each lot was separately mortgaged. […]