real estate

Real Estate

Staging "Twist" Helps Vacant Homes Sell

Posted September 28, 2008 8:41 PM

The basketball gods were smiling on Trenton Hassell when the Dallas Mavericks acquired the 6-foot-5-inch swingman from the Minnesota Timberwolves last September. After all, Dallas still had Dirk Nowitzki and much of the nucleus that took them to the 2006 NBA Finals. Meanwhile, the eternally struggling T-Wolves had just dealt their lone superstar, Kevin Garnett, to the Boston Read more...

See also: homeowner, house, real estate, Realtor, seller, staging a home

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September 12

Are You to Blame for Wall Street Woes?

by Paul B. Brown @ 6:48 am. Filed under banking, Lehman Brothers, real estate, Wall Street, Washington Mutual
Bulls make money. Bears make money. Pigs get slaughtered. I was reminded of this old Wall Street saying as I was going through the papers this morning which are filled with stories about whether Lehman Brothers, one of the oldest investment banks, will survive. In the large part financial institutions like Lehman are in trouble became of the housing mess. And, in large part, the housing mess was created by people like you and me--folks who thought real estate prices could only go up forever, and so either bought more house than we could afford, or bought houses as an investment with the expectation of making a quick profit. That was dumb. More…
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Estate Planning

Want to Build Wealth? Break These 8 Rules

Posted August 13, 2008 11:37 AM

Being "upside down" is usually a negative term when applied to financial matters, but multimillionaire Robert Shemin believes that sort of thinking is ... well ... upside down. Shemin, author of "How Come That Idiot's Rich and I'm Not?" feels there are two positions when it comes to wealth: right side up and broke, or upside down and rich. Shemin prefers upside down. Read more...

See also: estate planning, financial, investing, real estate, risk, stocks, wealth

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Do you own your home?

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Remodeling your kitchen or bathroom are the best ways to increase the value of your home.

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Retirement

Choosing Retirement Housing

Posted April 28, 2008 1:08 PM

When it's time to downsize, today's empty-nesters don't want to downgrade. Rather, they want to continue enjoying many of the luxuries they've become accustomed to -- except they want less house and property to tend, and of course lower taxes. In addition, people ages 55 and up are younger than they used to be -- they lead active lifestyles, and they're looking for opportunities for Read more...

See also: 55-and-up communities, downsize, real estate, senior housing

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Retirement

The Many Advantages of the Section 1031 Exchange

Posted April 28, 2008 1:04 PM

A Section 1031 Exchange is a transaction in which the owner of investment real estate is allowed to sell one property and purchase another without a tax consequence. Over the past few years, the use of this provision has expanded greatly due to the significant appreciation in real-estate values and awareness by more investors. The primary advantage is that the investor has more cash to Read more...

See also: diversify, investment, real estate, Section 1031 Exchange, tenant-in-common

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Real Estate

Unmarried and Buying a Home Together?

Posted April 28, 2008 1:03 PM

Like many unmarried women, Charlene Barr knew the value of a long-term real-estate investment. What she didn't anticipate when she decided to buy a home with then-fiancé Kyle Wood, however, was that they would split up, and she would never reap the profits of her investment. In the end, not only did she lose at love, "I lost my biggest investment: the house itself," Barr Read more...

See also: buying a home, investment, mortgage, prenuptial agreement, real estate, taxes, unmarried

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Real Estate

Should You Pay Off Your Mortgage?

Posted April 28, 2008 1:02 PM

There is perhaps no greater comfort than paying off a mortgage. That's why John Sheridan, a publicist from Houston, is seriously considering prepaying his 15-year, 5.5 percent VA mortgage, on which he has an outstanding balance of $70,000."Why should my wife and I pay $9,000 a year for a $4,000 tax deduction?" says Sheridan. "I just think it's our best investment these days. If we Read more...

See also: interest rate, mortgage, principal payments, real estate, tax deduction

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