Real Estate Investing

July 7, 2015

Just In: Additional Steps to Spur Affordable Housing

The Federal Housing Administration (FHA) recently published a notice providing guidance on the new Small Buildings Risk Sharing (SBRS) Initiative. SBRS invites new private sector high-capacity lenders to partner with FHA to provide long-term fixed-rate lending products to multifamily property owners with mortgages of $3 million and up to $5 …

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May 26, 2015

Who would want to be without one?

When the 75 year old man who had been widowed four times was asked why he was getting married again, he said “for the little bit that they eat, I wouldn’t want to be without one.”

In a torrential rainfall, you wouldn’t want to be without an umbrella. It …

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May 19, 2015

You've Got Money!

Imagine that after checking www.SSA.gov to see what you can expect when you retire and estimated what your minimum required distributions from your retirement accounts will be, you’ve discovered that you’re not going to have enough retirement income to cover your living expenses.

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Ideally, it would be perfect …

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May 19, 2015

How Much Would Your Favorite TV Homes Cost in Real Life?

From Roseanne Conner's home in the fictional Lanford, Ill. to the Dunphy's gorgeous space in West Los Angeles, Calif., it's fun to imagine what the real-life homes of our favorite families from television history would've cost. (There's no question Phil Dunphy found himself a great …

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May 16, 2015

Amortization

The word describes the process of accounting that will repay a loan over time. Residential buyers will most commonly be required to have an amortized mortgage.

When amortizing a fixed rate mortgage, the payment remains constant for the entire term but the allocation of what goes to principal and interest …

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May 12, 2015

Live the Dream

Consumers are more easily living the American Dream of owning a home because of the incredibly low mortgage rates. Today, most buyers can get a much lower rate than their parents or grandparents got on their first home.

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In a recent housing survey, FNMA released information about consumers' thoughts on …

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April 23, 2015

Looking to Lower Your Mortgage? Keep These Simple Tips in Mind

With interest rates at historic lows over the past few years, homeowners across the board jumped on the refinancing bandwagon in order to get better rates and lower payments. But refinancing isn’t the only way to lower your mortgage. And if you’re a new buyer just looking into obtaining a …

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April 22, 2015

Share of Seriously Underwater Homes Increases in First Quarter for First Time Since 2012

RealtyTrac® recently released its U.S. Home Equity & Underwater Report for the first quarter of 2015, which shows that at the end of the first quarter of 2015 there were 7,341,922 U.S. residential properties seriously underwater — where the combined loan amount secured by the property …

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April 21, 2015

Are You Ready for 'Owning a Home'?

I am always thrilled to hear when folks make the jump to home ownership. And it's important for prospective homeowners to know about all the resources available to them to help the experience go as smoothly as possible, especially when it comes to financing.

Earlier this year, the U …

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April 21, 2015

Forecast for Full-Year Economic Growth Stalls at 2.8 Percent

Economic activity was suppressed in the first-quarter due largely to the West Coast port disruptions and difficult weather patterns across the Northeast, but the economy is expected to gain momentum throughout the spring and reach previously anticipated levels by year-end, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research …

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