Putting a value on investment property

Putting a value on investment property Although you may not think so from reading the newspaper or watching television, people are continuing to invest in real estate as part of their financial plan for the future. Yes, we may not see the double-digit appreciation numbers of the past several years here in the Napa Valley, …

Make investment property pay

Make investment property pay Investing in real estate most likely won’t produce the get-rich-quick results promised by many a late-night infomercial. But for investors willing to do some homework, make a good purchase and properly manage a piece of property, the rewards can be substantial. Various strategies can be used on the road to real …

Bankruptcies likely to spike, experts warn

Bankruptcies likely to spike, experts warn Adjustable-rate-mortgage payments are rising, forcing unpleasant options. In the year since a tougher federal bankruptcy law took effect, personal-bankruptcy cases have plummeted, and consumers must clear more hurdles than ever to get a financial fresh start through the courts. That’s a stark contrast to previous years, when personal bankruptcies …

Say ‘hello’ to sane housing market

Say ‘hello’ to sane housing market If you’ve gotten the idea that the sky is falling on the real estate market, 2006 is actually one of the best years on record for home sales. The average price of both new and existing homes combined rose a healthy 8.2 percent during the second quarter of this …

Upscale condos cater to Gator alumni, parents [North Florida]

Upscale condos cater to Gator alumni, parents [North Florida] UF alumni are shelling out big bucks to spend football game weekends in Gainesville – and their checks aren’t going to local hotels. More and more alumni are buying upscale condos within walking distance of UF’s campus, and developers are happy to keep up with the …

Banks help keep borrowers afloat

Banks help keep borrowers afloat Andy Hallmark recently faced a financial squeeze familiar to thousands of Americans: The interest rate on his home-equity line of credit (HELOC) had shot up to uncomfortably high levels. But Hallmark decided to try something other than refinancing his loan or biting the bullet and paying big mortgage bills for …