News about properties and real estate
Foreclosure market can yield home bargains, but be careful For our final examination of sources for bargain properties, I want you to know something about the world of real estate foreclosures. There are pros and cons, and you may come to the conclusion that this source is more trouble than it is worth. Even so, …
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Two major ways to prevent real estate probate Beware of condition that gives up control of home DEAR BOB: I am recently widowed. The house is now in my name. How do I prevent probate, how expensive is it, and how long before my heirs can sell the house? Should I add my heirs’ names …
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Housing boom cools No ‘gloom or doom’ expected in area [Pensacola Florida] The national housing boom may be grinding to a halt, but a collapse in sales and prices is not a serious threat to Pensacola Bay Area market, according to some local Realtors. In the last week, the Commerce Department reported that January sales …
Get the best deal on fixed-rate loan As the real estate market slumps, sales pressure mounts for adjustable-rate mortgage borrowers to refinance into fixed-rate loans. Plus, ads for 1% and 1 3/8% teaser rates — despite published reports of declining real estate prices — are still around. “The bait and switch is stronger than ever,” …
Introduction to 1031s Dick Goble is a senior partner and real estate tax specialist with the accounting firm Kerkering, Barberio & Co. P.A. Goble, who has been with the firm since 1978, specializes in 1031 exchanges, a subject on which he lectures nationwide. In addition, Goble also advises clients on as many as 200 1031 …
Ulmer’s mantra key to his rise, ruin Playing the dual roles of preacher and friend, John Ulmer unlocked the secrets of his lucrative housing empire at a Florida real estate “boot camp.” “It’s not voodoo,” he said. With dozens of eager would-be developers hanging on each folksy catchphrase, the college football player, now paunchy and …