Tag: income property
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Old Scams, New Tricks Target Real Estate
The Nigerian Internet scheme is so well known, it’s become a joke. Yet it keeps on rolling, blackening the name of an entire country and taking on new forms to snare still more unwary victims. Now, fraud experts report, the Nigerian scams are targeting the world of real estate, with a new variation on the…
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London Calling: What LIBOR Means to You
The called them the bans too big to fail. But they haven’t been too big to get caught in a variety of fraudulent and deceitful practices. Still, the major US banks involved in the LIBOR fixing lawsuits have managed to beat back charges that they violated antitrust laws. Though the London Interbank Offered Rate is…
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Big Banks: Still Behaving Badly?
In spite of settlements, sanctions and suits, the nation’s large mortgage lenders still face more legal actions over fraud, duplicity and failed oversight of lending practices — with effects not just on individual mortgage holders but also on large investors and government entities. Now, new actions in an old court case shed more light on…
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Women Make Their Mark in the Market
Among the many explanations for the upswing in the housing market in general, and the expanding rental market in particular, the shifting demographics of American society take center stage. And as current population studies reveal, it’s women – young, old, and all across the spectrum – who wield unexpected clout in many areas of the…
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When Demographics Collide: A New Housing Crisis?
The landscape of American society continues to shift, with large numbers of the so-called baby boom generation headed toward retirement and minority populations becoming the majority in many areas.As these and other subsets of the US population intersect in various slices of the economy and culture, doors open to new opportunities– and, some researchers fear,…
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Software Tools Support Entrepreneurs
People become entrepreneurs because they want the freedom of calling their own shots. But keeping up with all the aspects of an investing enterprise or other new business can be daunting. That’s why investors and mall business owners are inundated with advertising for new software packages that claim to streamline operations with a click of…
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New Shadows Threaten the Housing Recovery?
Most anyone following news of the housing industry’s progress out of the 2008 collapse now knows about the shadow inventory of foreclosed homes being held back from the market. Now, according to reports by DataQuick and Altos Research, a new shadow looms, threatening to undermine the still struggling rebound: the “shadow demand.” The shadow inventory…
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The Sequester: Fallout for the Housing Market?
On March 1, the other budget shoe dropped, as the dreaded sequester kicked in after lawmakers failed to resolve financial issues lingering after the January 1 fiscal cliff compromise. While predictions about the outcome of the sequester range from disastrous to relatively mild, these budget cuts are likely to cut a wide swath through government-backed…
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Refinancing for Investors: A New Landscape
Although they’re rising a bit, mortgage interest rates are still holding at rates called “historically low” by financial reporters everywhere. And since the housing market appears to be on the upswing and many lenders are courting both residential homeowners and investors with a variety of refinancing deals. So, real estate experts say, refinancing investment property…
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Who’s Pulling the Strings in the Housing Recovery?
Mortgage interest remain low, housing prices are going up and demand is outstripping supply in some markets – all indications that the housing recovery is humming along nicely. But according to some industry professionals, the rebound in housing after the historic collapse of a few years ago is being fueled by artificial interventions related in…