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Category Archives: 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 …


How Do I Get Out Of Debt Fast?

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.


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The Single Most Over Looked Tax Write-Off When Selling A Investment 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 as to why this is the most commonly overlooked deduction. Most people are reluctant to keep an accurate account of increases to their tax basis for any property that they own. One reason for this is the fact that there is no immediate deduction at the time of the expenditure, so the record may be nothing more than a bill and the corresponding check that satisfied the account.


3 Methods You Can Use To Reduce Or Eliminate Capital Gains Tax On Investment Real Estate

Below are 3 methods you can use to either reduce or eliminate capital gains tax on your investment real estate.:


What Is Owner Financing Of Real Estate?

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


Buying A Recreational Property or Vacation Home?

Owning a second home has become very tempting for many retirees since the tax changes in 1997 took effect, which allows second-home owners to deduct interest payments and property taxes. In addition, many banks are now more willing to make loans on second homes. However, before rushing out to buy a second home, please review these considerations.


U.S. Government Responsible for Massive Mortgage Rate Increase

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


Real Estate Market Conditions Ending 2011 and Beyond

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

Get Everything About Your Credit Here 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