Commercial Real Estate, Real Estate, Residential, US Real Estate

The Tax Man Cometh For Minnesota Businesses

By Anita Cooper | August 3, 2011
There’s a shift going on in Minnesota, and businesses will soon feel the brunt of it. Earlier this year, in an effort to balance the budget, the Minnesota Legislature repealed the “market value homestead credit.” This credit, created in 2001, allows owners of homestead property the advantages of paying a lower tax bill, without doing […]
Real Estate, US Real Estate

NAR Calls for Home Ownership Tax Benefits to Be Preserved

By Allison Halliday | August 1, 2011
The NAR is warning that any changes to mortgage interest deductions could threaten recent signs of stability within the housing market, eroding prices and values, and hurting economic growth. The Chief Economist of the National Association of Realtors®, Lawrence Yun, spoke at a recent forum entitled ‘Rethinking the Mortgage Interest Deduction,’ which was hosted by […]
Real Estate, Residential, US Real Estate

Homesharing On The Rise As Tenants And Homeowners Look To Make Ends Meet

By Mike Wheatley | July 22, 2011
A new trend is emerging as more and more homeowners struggle to pay off their mortgages – “homesharing”. For those looking for a way to offset their mortgage expenses, renting out a spare bedroom in their home, particularly in more affluent neighborhoods where cheap accommodation is hard to find, is quickly becoming fashionable. According to […]
Mortgage, Real Estate, US Real Estate

Short Sale Fraud Spiraling Out Of Control, Say Investigators

By Mike Wheatley | July 18, 2011
Investigators say that short sale fraud is running rampant in the US right now, plaguing markets and seriously impacting on mortgage lenders, who are missing out on thousands of dollars due to the problem.   One of the most common real estate scams in short sales is for investors to make a lowball offer on […]
Mortgage, Real Estate, Residential, US Real Estate

Report Shows One Million Foreclosures To Be Delayed Until 2012

By Mike Wheatley | July 15, 2011
A new report from RealtyTrac suggests that around one million foreclosure notices expected to be filed by mortgage lenders in 2011 will be delayed until the following year – a boon for homeowners who will gain extra time to catch up with their mortgage repayments and avoid losing their homes.   However, it might not […]
Real Estate, US Real Estate

Residents Face Foreclosure From Homeowner Associations

By Allison Halliday | July 12, 2011
Inlet House, a condo complex in Fort Pierce, Florida, was once the kind of place sought after by the over fifty five's.  Everything is within easy walking distance, and it was ideal for anyone on a fixed income. Unfortunately times have changed, and the complex is falling into a state of disrepair. Condos which were […]
Mortgage, Real Estate Technology, US Real Estate

Short Sale Incentives For Cash-Strapped Homeowners

By Mike Wheatley | June 29, 2011
Two of the nation’s biggest lenders are giving away cash rewards to struggling Florida homeowners who agree to stave off foreclosure by doing a short sale instead, according to reports in the Florida Sun-Sentinel.   Wells Fargo and JP Morgan Chase haven’t made any official announcements about the initiative, but indebted homeowners have reported that […]

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