All Posts Tagged With: "property"
Saudi Family Takes Genie To Court
I’m not sure how this is going to work out, but a family is Saudi Arabia is taking a genie to court, alleging that the spook engaged in theft and harassment, according to CNN.
It’s just a guess, but I suspect that it will be terribly difficult to serve a subpoena….
I know of no similar [...]
How To Get A Successful Loan Modification (With Obama Update)
Is it possible to get a mortgage modification without being foreclosed or behind on your payments? For an increasing number of borrowers the answer is “yes” because recent changes in the mortgage industry now make loan modifications more likely than at any point since the financial meltdown began.
For much of human history mortgage lenders have [...]
How Investment Discrimination Powers Real Estate Taxes
For the past several years real estate prices in my community, like many, have risen with a speed and certainty that has been a delight to behold. Now the government is getting even with vast assessment increases that will lead to steeply-higher property taxes.
What’s interesting about the projected tax rises is that they are [...]
Will Is The Way To Preserve Your Property
If it were possible, there’s little doubt that we would each opt for immortality, vitality, and endless good health if such choices were available. We would most likely agree with Clarence Darrow, the defense attorney at the Scopes trial, who explained in his autobiography that “I shall no doubt act as others do at the [...]
10Sep2008 | Peter G. Miller | 0 comments | Continued
Is an assessment useful in determining market value?
Assessments in many areas are only changed every two or three years, and thus may not be current. As well, assessments may be capped by state or local regulation to a given percentage increase which does not reflect market changes. Lastly, assessments may not reflect full values. For instance, there may be a special reduction [...]
31Aug2008 | Peter G. Miller | 0 comments | Continued
What Is “Stigmatized” Real Estate?
There are properties which are in flawless physical condition but may nevertheless present unusual marketing issues. For instance, homes which have been the site of murders, suicides, or which are reportedly inhabited by ghosts are known as "stigmatized" properties. These are homes with a condition which is psychological in nature rather than a matter of [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
Can I Get A Mortgage For A Mobile Home?
In 1976, the Department of Housing and Urban Development (HUD) began to regulate mobile homes. One benefit of such regulation is that mobile home standards have improved over time, something which makes them more attractive to lenders.
That said, a mobile home may or may not be real estate. In some states they are regarded as [...]
Can I use VA financing to buy investment property?
If by “investment property” you mean property where you do not live, the answer is “no.” However, you can buy two, three, and four-unit properties, live in one unit, and rent out the others. See brokers and lenders for details.
Technorati Tags: investment, property, va
24Aug2008 | Peter G. Miller | 0 comments | Continued
What Happens To The House If My Spouse Dies?
Question: When I married my husband already owned a house. I am not on the title. What happens to the property if he dies?
Answer: It’s possible for husbands and wives to own property separately, thus you need to consider several questions:
Does your husband have a will. Has he left the property to you?
Are you [...]
Tax-Deferred Exchanges — Show Me The Money
It’s been an interesting few weeks, a time when my wife and I have listed and sold an investment property and are now in the strange world of 1031 exchanges.
For many years we’ve owned an older home on a large lot, a property just a mile or so from a subway station. It’s a [...]
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