Reverse Mortgages Can Tap Equity for Retirement
Retirement isn’t the only reason to get a reverse mortgage. Some home owners take out reverse mortgages to pay off debt, make repairs or go on vacation. But the most…
Permanent Finance and Construction Loans for Residential Properties
Buying a new home in todays market isn’t as simple as it was just a few short years ago. The increase in new home prices in many markets has forced new home buyers to re-evaluate their desires and dreams and think in more practical terms. Not every home is right for every home owner and [...]
National Existing Home Sales: Sales Down, Prices Down, Inventory Up- This is an Improvement?
Lereah’s headline on today’s National Association of Realtors (NAR) press release was "Existing Home Sales Improve in January." All the Bloomberg pundits this morning were celebrating a 3.5% increase in existing home sales. According to my version of Excel though, January’s sales number of 6.46 million is LESS than last January’s 6.75 million. The 3.5% [...]
Clear up credit mistakes before buying a home
Buying a new home is still easy enough even with a bubble in the real estate market and home ownership in America is at an all time high. The low mortgage rates and fast paced growth over the past couple of years has created a buyers market of sorts with dozens of new firms competing [...]
DoomWatch: Lereah on January Existing Home Sales
It’s Lereah Day.[1] Near the end of each month, NAR’s chief economist releases statistics on the previous month’s existing home sales. The Mainstream media avidly follows these numbers and Lereah’s (often hyper-optimistic) comments. The January analysis has just been released.[2]
MSM interpretations are coming in thick and fast. I’ve got a couple of links to these in the [...]
Off Campus Housing – More Reasons Why It May Be A Good Investment
Earlier this month we talked about the benefits of buying into the student housing market, and now Marketplace has an interview on the benefits of owning off campus housing as a investor and landlord.
I still think this a good local investment if you are hands on and willing to get dirty. College students in [...]
“Official†Tag By In House Real Estate Broker Relationship Sued In Virginia Court
It has been a long tradition of developers dealing with a primary brokerage on their properties to manage the sales effort of new development. But an outside the fence brokerage is claiming that the title “official real estate company of Wintergreen Resort” is an antitrust violation of the 1890 Sherman Act and also the Virginia [...]
Selling a Church Takes Supernatural Powers
Living in a community that is growing rapidly I have seen how difficult it is to sell a church. Typically what happens is the parish grows beyond the capacity of the original church and there is not enough land for the church to build onto it. The parish then builds their dream church at another location [...]
Find the right advertising for your business online
Real estate agents and property managers are always looking for ways to promote their business and online advertising now reaches the masses as well as any other form of general advertising. Finding localized advertising is a more difficult subject and with limited advertising dollars to go around finding the best place to spend your ad [...]