Archive for the ‘Real Estate’ Category
Saturday, November 14th, 2009
It's no secret that there are federal tax credits available for many people who are looking to buy a home. Both first-time and non-first-time homebuyers now can play the game.
The people who are among most aware of the credits, of course, are people wanting to sell a home. It's not ...
Posted in Real Estate, Taxes | 1 Comment »
Saturday, June 27th, 2009
The real estate mess is hurting not only homeowners, but businesses as well. Bad things happen at both ends when the mortgage payments stop coming in. The homeowner of course loses his house and his good credit rating, but the businesses that were involved in lending the money lose out ...
Posted in Real Estate | 4 Comments »
Friday, March 13th, 2009
Say you live in a subdivision. You bought your brand-spanking-new house only a couple of years ago. Today, you cannot afford to carry the house for whatever reason (job loss, move, can't refinance, etc.)
"No problem," you think to yourself. "I'll just find a renter for it until the market turns ...
Posted in Commentary, Economy, Real Estate | 6 Comments »
Tuesday, February 17th, 2009
Flexo takes issue with Robert Kiyosaki's definitions of asset and liability:
An asset is something that puts money in my pocket.
A liability is something that takes money out of my pocket.
I can see Flexo's point in that Kiyosaki is recasting the definition of the words. The proper financial terminology would say ...
Posted in Real Estate | 20 Comments »