News about properties and real estate
Protecting your equity from lawsuit damages Southern California has become a land of paper millionaires, thanks to extraordinary housing appreciation. Nowadays, there’s more to lose if someone sues. Homeowner’s and auto insurance policies cover only so much. A major tragedy or catastrophic accident threatens a financial nightmare. What’s at stake? The biggest asset of most …
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Full-court press vs. poor tenants Landlord buys rundown buildings then goes after regulated apartments The Pinnacle Group LLC has filed more than 5,000 Housing Court eviction actions in the past two years, court records obtained by the Daily News show. That’s an average of one court action for every four units that the company owns …
New Monroe doctrine: Find more housing People are fleeing the Keys, and it’s not because there’s a hurricane coming. There are few affordable places to live, and a task force is working to stop the exodus. Southwest Florida residents don’t need to look far to see what can happen when housing prices escalate beyond the …
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< a href=”http://www.mortgage101.com/partner-scripts/inman.asp?ID=51342″ target=blank>Major real estate advantages of living trusts Managing, transferring assets becomes a cinch Two subjects nobody enjoys thinking about are death and taxes. Because April 15 just passed, we don’t have to talk about income taxes until next year. But death is a topic that is difficult to avoid, especially as the …
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Who Needs a Flood Policy? Flood insurance sounds like something only beach dwellers need to worry about, think again. Flooding ranks as the most common natural disaster in the U.S., occurring in all 50 states, and is surprisingly widespread. For instance, Pennsylvania, which has no oceanfront, had more flood-insurance claims in 2004 than any state …
The Least Affordable Place to Live? Try Salinas In 2005, the least-affordable place in the country to live, measured by the percentage of income devoted to mortgage payments, was Salinas, Calif. The second was the Santa Cruz-Watsonville area of California. The third? Santa Rosa-Petaluma, Calif.