A relative will be leaving me a house in their will. If there is a mortgage (home equity) on the house when they die, do I take over the mortgage? I intend on selling the house when it is left to me.
November 28th, 2009 | Posted in Mortgage | Comments Off
SIPC to Liquidate Madoff Firm as Losses Exceed $30 Billion; Reaction with Brad Alford of Alpha Capital Management; Madoff Scheme Hurts Charities – Interview with JEHT Foundation President Robert Crane … Editors Pick Economy Law Legal Issues Government Politics charity Personal Finance Bloomberg bloomberg Television
Feb 21, 2009 ******* UPDATE ******** Texas National Guard are placed on high alert. Mexico is about to explode. www.abovetopsecret.com Protests in Ireland: news.bbc.co.uk **************************** Full Text Here: www.thetruthnews.info or HTML here: www.freecanadian.net Google Books – War on Waste: President’s Private Sector Survey on Cost Control: books.google.com When tax revenue drops, then look out for new ‘fees’ and watch out for speeding fines to rise! One thing to note – the IRS are …
November 28th, 2009 | Posted in Taxes | Comments Off
The person who performs a real estate appraisal exercise is called the real estate appraiser or property valuation surveyor. The value as determined by real estate appraisal is the fair market value.
The real estate appraisal is done using various methods and the real estate appraisal values the property as different for difference purposes e.g. the real estate appraisal might assign 2 different values to the same property (Improved value and vacant value) and again the same/similar property might be assigned different values in a residential zone and a commercial zone.
However, the value assigned as a result of real estate appraisal might not be the value that a real estate investor would consider when evaluating the property for investment. In fact, a
real estate investor might completely ignore the value that comes out of real estate appraisal process.
A good real estate investor would evaluate the property on the basis of the developments going on in the region. So real estate appraisal as done by a real estate investor would come up with the value that the real estate investor can get out of the property by buying it at a low price and selling it at a much higher price (as in the present).
Similarly, real estate investor could do his own real estate appraisal for the expected value of the property in, say 2 years time or in 5 years time. Again, a real estate investor might conduct his real estate appraisal based on what value he/she can create by investing some amount of money in the property i.e. a real estate investor might decide on buying a dirty/scary kind of property (which no one likes) and get some minor repairs, painting etc done in order to increase the value of the property (the value that the real estate investor would get by selling it in the market).
So, here the meaning of real estate appraisal changes completely (and can be very different from the value that real estate appraiser would come out with if the real estate appraiser conducted a real estate appraisal exercise on the property).
A real estate investor will generally base his investment decision on this real estate appraisal that he does by himself (or gets done through someone). So, can we then term real estate appraisal as a really real ???real estate appraisal????
November 28th, 2009 | Posted in Real Estate | Comments Off
HP 1 PART 4 FULL MOVIE “NO COPYRIGHT INFRINGMENT INTENDED! ALL CREDIT GOES TO THE DIRECTORS AND TO JK ROWLING FOR WRITING HARRY POTTER! NOTHING BELONGS TO ME! I ONLY TAKE CREDIT FOR PUTTING THE MOVIE (WHICH I DID NOT MAKE OR? WRITE) ON YOUTUBE!”
November 28th, 2009 | Posted in Credit | Comments Off
Real estate is a big business and everyone seems to want to invest in real estate. You keep hearing a lot of stories about how people made a quick buck by investing in real estate. There are stories about people who made $50000 in a fortnight by making the right kind of investment in real estate. Every now and then, newspapers keep coming up with statistics about the appreciation in the real estate prices. There seems a mad rush for investing in real estate (and this gets even bigger when the mortgage interest rates are falling). However, not everyone has the time, money and expertise to be able to profitably invest in real estate. So what does one do? Is there any other option?
Yes, there is another way of investing in real estate and that is through Real Estate Investment Trust. Real Estate Investment Trust is an organisation that invests in real estate as a full fledged business. By investing in a Real Estate Investment Trust, you can become part of the real estate investment party and enjoy profits (of course, the assumption here is that the Real Estate Investment Trust is good and professionally managed).
Investing in Real Estate Investment Trust is very easy too. You can just buy Real Estate Investment Trust shares which trade on all major exchanges. There are certain laws governing the Real Estate Investment Trusts that help them avoiding the tax at corporate levels e.g. it is mandated that Real Estate Investment Trust’s portfolio has 75 percent of investment in real estate. Moreover, 75% of the income of Real Estate Investment Trust must be from rents or mortgage interest. There are various types of Real Estate Investment Trusts. Some Real Estate Investment Trusts own properties themselves and hence feed on the rental income from those properties. Some others indulge in providing only mortgage loans or go for mortgage backed securities. Then there are Real Estate Investment Trusts which do both i.e. rental focussed investments and mortgage based investments.
There are a number of Real Estate Investment Trusts operating in the market and a lot of these Real Estate Investment Trusts are doing good business. By investing in Real Estate Investment Trust you are basically investing in real estate without actually buying a property yourself. This is one easy way of investing in real estate (and much safer too). You must surely evaluate this option for your real estate investments.
November 28th, 2009 | Posted in Real Estate | Comments Off
Can car insurance pricing be any cheaper… or more expensive? We’ll have more. Porsche tuning shop 9ff tunes another beast, and can a Top Gear test track be in jeopardy? That’s all today, hosted by Derek DeAngelis.
November 28th, 2009 | Posted in Insurance | Comments Off
I am a Mortgage Broker looking for some good ideas for advertising. What is the funiest or best mortgage ad anyone has seen? Any loan officers out there with any creative new ideas?
November 28th, 2009 | Posted in Mortgage | Comments Off