Archive for Real Estate
What An $82,000 Penalty Tag For Bad Credit Mortgage
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It is natural for people to ask for help when they are in trouble and it is within our nature to offer a hand when we can. What throws this natural human relationship off its kilter is our ego that impacts our decision as to when we ask for help and when to extend a hand.
We often wait until we are in serious trouble before we ask for help and by that time the kind of help we receive is very very expensive and sometimes too late. On the other hand when we offer a hand too soon, we come across as interfering Read More→
How Do I Get Out Of Debt Fast?
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I am going to give you a 4 step process on how to get out of debt fast. There are several ways to get out of debt. I have had many people ask me, “Leon, How do I get out of debt?”, and it is always surrounded by confusion that is propagated by too many financial planners out there. There is the thought of “you should never get completely out of debt” and there is the thought that “you should get completely out of debt“, including your house. Whether you believe in one or the other I am going to give you some secrets on how to get out of debt in record time. Read More→
The Single Most Over Looked Tax Write-Off When Selling A Investment Property
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Yes, it is true that most people overlook this tax write-off when selling a property. The tax basis of your real estate establishes the point from which a gain is obtained in the event of a sale. This point is the secret Read More→
3 Methods You Can Use To Reduce Or Eliminate Capital Gains Tax On Investment Real Estate
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INVESTOR SERIES
Below are 3 methods you can use to either reduce or eliminate capital gains tax on your investment real estate;
Use A Section 1031 Exchange.
A tax-free IRS Section 1031 real estate exchange Read More→
What Is Owner Financing Of Real Estate?
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It’s been called owner financing, seller financing, seller carry-back, vendor take-back mortgage, and mortgage back, just to name a few. Whatever you want to call it this technique is good knowledge for the first-time homebuyer to the seasoned real estate investor.
This Is How Owner Financing Works Read More→
Buying A Recreational Property or Vacation Home?
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It might have looked great on paper but when most people are trying to decide if buying a vacation home is right for them more questions usually arise then answers. Then when trying to figure out the best way to buy a recreational property/vacation home the task just becomes downright daunting.
What Is Recreational Property? Read More→
U.S. Government Responsible for Massive Mortgage Rate Increase
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War On Wealth Series -
The congressionally mandated g-fee increases set to go into effect as of now, will artificially increase mortgage rates by more than 1/2 percent with some lenders. It will increase mortgage rates to some degree with all lenders.
The Federal Housing Finance Administration (FHFA) has mandated Read More→
Real Estate Market Conditions Ending 2011 and Beyond
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As we enter 2012 what’s our assessment on the Real Estate Market ending 2011 and what can we look forward to in 2012.
Top Six Reasons Mortgage Applications Are Rejected
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Half of refinance applications are abandoned or rejected, as are 30 percent of purchase mortgage applications, according to the Mortgage Bankers Association. All told, the Federal Financial Institutions Examination Council (FFIEC) says that well over 2 million mortgage applications were rejected last year.
Want to avoid falling Read More→
