News about properties and real estate
The costs and benefits of home ownership | Shelter, or burden? In a scene from the film “It’s a Wonderful Life”, a happy couple is about to enter their new home. Jimmy Stewart, whose firm has sold them the mortgage, reflects that there is “a fundamental urge…for a man to have his own roof, walls …
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How to leverage your IRA property investments with mortgages So you’d like to take advantage of depressed housing prices and buy a rental property, but you lack a down payment or can’t meet lending criteria for investment properties? Consider using your IRA assets — even if the purchase price exceeds their reach. Little-known IRS rules …
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Dade Bulk Condo Opportunities Abound Bulk purchases in the local residential condominium market, where inventory is believed to have ballooned to 40,000 units, have been few and far between thus far in 2009. However, plenty of opportunities to buy blocks of units exist that many investors simply aren’t aware of yet. More than 200 condo …
Mortgage protection in case times get tough Melissa Sparks is a bit nervous about making the biggest investment of her life during the worst economic crisis since the Great Depression. So she plans to pay a one-time fee of $525 for a security blanket when she buys her first house. A program offered by her …
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For home buyers, rock bottom prices tough to pinpoint The explanation for a surge in sales of South Florida homes last month can be found in a one-bedroom condo on the 29th floor of a Brickell Avenue condo tower. The Club at Brickell Bay unit sold in 2006 for $410,000. Five days after real estate …
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Real estate: Market ripe for those looking for investment properties Today’s real estate market represents a tremendous opportunity for buyers who would buy a home, condo, or duplex as an investment. Interest rates are low, values are excellent, and demand for rentals in strong. Advertisement It is an excellent way to fund a college education …
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