Hanging on in sinking market In the fourth grade, he says, he sold more raffle tickets than the rest of his class combined. After graduating with his MBA from the University of Georgia, he founded a golf ball retrieval company, swimming among alligators to recover balls in water hazards. He opened offices in Wales and …
Category Archives: Investment Tips
Give a Home for the Holidays
Give a Home for the Holidays ‘Tis the season of giving. But if you’re tired of the offerings at the mall, why not consider giving your children something grander, like the gift of a down payment to buy a home—or even a home itself? Uncle Sam encourages such generosity, at least within limits (the IRS …
Buying-and-selling real estate in this market takes experience, deep pockets
Buying-and-selling real estate in this market takes experience, deep pockets In a booming real-estate market, making money investing in homes is easy. Buy a house, slap on a new coat of paint or replace the carpeting and ride the appreciation train to a quick, profitable resale a few months later. When prices decline — as …
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Condo bulk buyers enliven market [South Florida]
Condo bulk buyers enliven market [South Florida] As the year starts winding down, real-estate investors have begun closing on large blocks of South Florida condominium units — known as “bulk deals” — at a quickening pace. The burst of new activity indicates investors — mostly seasoned real-estate professionals from other markets and abroad — perceive …
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The Real Estate Wonk: Careful whom you call for mortgage help
The Real Estate Wonk: Careful whom you call for mortgage help If someone offers to help modify your mortgage for the low-low upfront fee of $3,500, run for the hills. That was the state of Maryland’s advice Tuesday as it issued cease-and-desist orders to five loan-modification companies, firms it alleges took that sort of money …
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View of home as investment needs to change, expert says [Southern California]
View of home as investment needs to change, expert says [Southern California] Kajal and Vishal Dharod paid $559,000 in 2006 for a new four-bedroom house built in Rancho Cucamonga, Calif. Today, it’s worth about $360,000. “We don’t know how we can come back from a loss like that,” said Kajal Dharod, 29, a first-time homeowner …
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