Archive for February, 2008
Low Income Housing Tax Credits
Low income housing tax credits can be an extremely useful tool for developers (creating housing projects in low income neighborhoods) and consumers themselves. Here’s a copy of the law:
Memorandum Of Understanding Among The Department Of The Treasury, The Department Of Housing And Urban Development, And The Department Of Justice
Preamble
The United States Departments of the Treasury, […]
Popularity: 29% [?]
29Feb2008 | Justin Kuepper | 1 comment | Continued
Tax Tips for Selling Your Residence
Many homeowners are able to exclude the income from the sale of their primary residence from their income. The ownership test needed to realize this exclusion requires that you - for the 5-year period ended on the date of sale - you must have owned the home for at least two years and lived in […]
Popularity: 21% [?]
29Feb2008 | Justin Kuepper | 0 comments | Continued
Foreign Buyers Continue to Target US Vacation Properties
Many realtors in Southern California and other tourist destinations in the United States haven’t really noticed the housing bubble as much as the mainstream, despite what you may have heard on the news. Beachfront properties and other prime real estate destinations are being scooped up at a breakneck pace by foreign real estate buyers and […]
Popularity: 12% [?]
28Feb2008 | Justin Kuepper | 0 comments | Continued
Fed Sees Hope in Housing Amid Stagflation
Many economists believe that the US economy may now be at risk of stagflation - a term used to describe a period of slowed economic growth and rising unemployment with the possibility of recession. The notion was supported by U.S. consumer confidence that recently slumped to five year lows on grim news on housing prices […]
Popularity: 10% [?]
27Feb2008 | Justin Kuepper | 0 comments | Continued
Large UK Lender Requires 25% Down
Nationwide UK announced increased standards this week that may put a huge stop on home buying by those with poor credit. The lender will tell homebuyers that unless they have a deposit of 25% or more of the value of a property, they will face higher mortgage rates. The move will be a blow to […]
Popularity: 10% [?]
25Feb2008 | Justin Kuepper | 0 comments | Continued
Time to Buy Commercial? Zell Thinks So!
Has the commercial real estate market hit a bottom? Chicago real estate financier Sam Zell seems to think so after he recently disclosed a 7.7 percent stake in Starwood Hotels & Resorts Worldwide. Many see this major purchase as a sign that his opinion on the market may be turning after he began selling the […]
Popularity: 13% [?]
25Feb2008 | Justin Kuepper | 0 comments | Continued
Getting a Mortgage with Bad Credit
Those with bad credit can have a very difficult time getting a mortgage, especially these days when lending standards are tightened. These standards will likely loosen over the next few years as the market improves, but there are still some basic tips that you should keep in mind. The key to success is realizing that […]
Popularity: 14% [?]
20Feb2008 | Justin Kuepper | 0 comments | Continued
Top 5 Mistakes of Commercial Real Estate Investors
Ignoring Local Market Conditions - The local market is one of the two main considerations that you need to make before starting a commercial real estate project. After all, a good property doesn’t do much good in a poor market and visa-versa. It is important to analyze demographics and trends in the area in which […]
Popularity: 14% [?]
19Feb2008 | Justin Kuepper | 0 comments | Continued
Refinancing 101
Refinancing is simply the process of trading an old mortgage in for a new first mortgage at a lower interest rate in order to save on monthly costs. The trade-off, of course, if the fact that the new mortgage costs money to setup and may be extended over a longer period of time. The key […]
Popularity: 22% [?]
19Feb2008 | Justin Kuepper | 2 comments | Continued
Libor Vs. Traditional Mortgages
Libor is short for the London InterBank Offered Rate, which is the interest rate offered for U.S. dollar deposits by a group of large London banks. These rates are typically quoted for 1-month, 3-month, 6-month and 12-month deposits. A Libor mortgage is an adjustable rate mortgage on which the interest rate is tied to a […]
Popularity: 16% [?]
19Feb2008 | Justin Kuepper | 0 comments | Continued
Payday Loans Online are really of great help to people with urgent needs. Adding to it is it's becoming easy ...
How many years is the mortgage over? 
Very interesting articles.
It will be interesting see where that leads to in the near future. 
How much do you save on monthly payments for a $130,000 when you go from a 9% rate to 6% 
Definitely one of the best kept secrets in commercial real estate! This can save you a ton of money, plus ...