Category: Real Estate
Financial crisis affects the timeshare industry
The current global financial crisis has created a worrying situation for timeshare owners. While most sectors of the economy are feeling the pinch, the nation’s timeshare industry is being hit from both sides, as banks cut lending and consumers cut spending. As a result, at the same time that people are dealing with stagnant or…
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Deeds – Using Deeds to research the history of your house
As I mentioned in my “Home History Research” article, before you can begin researching a home, you must have the legal description of the property, which can be obtained by looking at the deed you received when you purchased the property. If you’re very lucky, you received a statement on the property when you bought…
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The AZ of Stated Income Loans
Here’s detailed information on reported income taxes, also called “no income verification” loans or “no documentation” loans. They sound wonderful, until you see the price. Here’s why they sound wonderful. You do not need to provide proof of employment or verification of income. On the other hand, you don’t want to go through the 60-day…
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A workbench for apartment dwellers that will create a work area when you don’t have room for one
My wife and I recently moved into an apartment after owning a home for many years. With the house went my shop area, workbench, and my ability to pull off even a minor remodeling effort like bookcases. We no longer had a garage, just a parking space in the car port. I’m not a carpentry…
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What are the disadvantages of timeshare ownership?
When investing in vacation ownership, you should always weigh the pros and cons of timeshares and ownership. In Timeshare, you pay to stay in the house that you share with other people and you do not have any ownership of the property. In fact, you own a house with other people, a house or condo,…
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Frequently Asked Questions: Water Damage Remediation
You come home to find that your floor is full of water. You identify the source and stop the leak. Then you grab your wet/dry vac and suck up all the excess water. There are still some wet areas and it smells a bit musty, so open the window and nature will take its course.…
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10 things to know before applying for a VA loan
Veterans Administration (VA) loans are some of the most common types of loans used in today’s financial marketplace. They offer many benefits to eligible borrowers and are primarily used to purchase, refinance, and even improve a home. Here are 10 important things to know before applying for a VA loan: 1) It is a guaranteed…
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ABC of real estate investment
We all may know what it takes to succeed in the world of real estate investing and build a low-maintenance business that offers numerous sources of passive income…but sometimes we need a little extra push in the right direction. I hope the ABC’s of Real Estate Investing will give you the push you need. Here…
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Government Auctions for Tax Bond Properties and Tax Deeds – Houses Under $2K?
It was one of those nights where TV teaches you how to make a million dollars just by making four payments, don’t make those three low payments if you act now (that’s why you don’t have a phone near your bed). Then the most interesting infomercial came out covering an area I know very well,…
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Buying an investment property – Freedom Investment Property
Buying an investment property to secure your future is sure to be one of the most common routes Australians take to gain financial independence. It has recently been said that one in seven Australian taxpayers are property investors. Despite the fact that the Australian property market has experienced a significant drop in prices, foreign property…
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