The non-paying tenant can be devastating to your financial plans for the property. In addition to the obvious issues of cash flow, a non-paying tenant in possession continues to have access rights, and can interfere with a landlord’s plans to market and sell a property. And eviction is also expensive and time-consuming. And typically the …
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There is new relief in sight for homeowners “underwater” on their mortgage, where the market value of the property is less than the outstanding payoff of their mortgage. Previously, only those whose mortgage was no more than 125% of the market value of their home were eligible, and then only in certain circumstances. That permitted …
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Being a landlord is not an easy line of work. And in this market where some homeowners opt to become landlords “temporarily” and rent their empty home until market conditions improve, it’s easy to end up in a far worse financial situation then you were before taking on the landlord role. Here are a few …
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Separating the useful information from the “not so useful”
Buyer’s in today’s market have no lack of information when it comes to real estate. And much of that information flows in through the internet, with new real estate blogs and Q&A from “experts” popping up as quickly as the google engines can find them. The trick for customers in today’s market then is separating …
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