1031 Tax Deferred Exchange
“No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which...
View ArticleRenovation Loans – FHA 203K or Fannie Mae?
Renovation loans are a great way to purchase a property that requires rehabilitation or renovation prior to occupancy. Buyer’s can use a renovation loan to update, rehabilitate or renovate a property....
View ArticleHUD-FHA Loans & Meth Properties
Recent guidelines for FHA loans will make getting a FHA-backed loan on a meth (methamphetamine) contaminated (or remediated) property virtually impossible. Since most new loans today for buyers are...
View ArticleLife Insurance or Mortgage Life Insurance?
When buying a property with a residential mortgage (loan), you may be bombarded with solicitations from various companies offering you “mortgage life insurance” that offers to pay-off your mortgage if...
View ArticleLowering Your Tax Bill by Protesting Assessments
By now, many property owners have received their county/state property tax assessment. Read the notices and don’t be afraid to question the values reported by the assessor. Because many areas of the...
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