Rick Otton Explains How Creative Strategies Can Save Buyers And Sellers From Losing Money Off Property Investment

September 06, 2013 Rick Otton, author of How To Buy A House For A Dollar, explains to Aussies how creative strategies in his real estate book can make better real estate transactions in light of news that many investors are losing money over property investment. On 27 August 2013, the Property Observer reported that 42 residential ...

Tapping your equity to buy a second home

Should I use my home’s equity to purchase another property? — Anonymous With housing markets heating up and interest rates still low, it can be a great time to invest in real estate. But if you don’t have a lot of extra cash on hand, how do you pay for it? There are the usual methods, like financing the purchase with a mortgage or ...

Real Estate Overtakes Commodities as Top Sovereign Asset

By: Klaus Wille Real estate topped the list of sovereign wealth funds’ investments last year, overtaking commodities and financial services, according to Institutional Investor’s Sovereign Wealth Center. Properties made up 26 percent of investments by these funds last year, up from 14 percent in 2011, according to the center’s report on investment ...

Real Estate Matters: How to be a smart property investor

By  Ilyce R. Glink and Samuel J. Tamkin Home buyers and real estate investors have been in a good mood for years, since around 2007, when the housing crisis began. And why not? Historic low interest rates and home values that have dropped off anywhere from 30 to 60 percent are a potent combination. But you know the tide is turning when home ...

10 things to consider before buying a brownstone

By Leonora Desar We’ve already touched on some of the considerations when buying an apartment in a brownstone — issues such as noise (since brownstones often weren’t intended to be divided the way they are); chimney, fireplace and overall structural problems; and the general upkeep required. If fractional living isn’t your ...

‘Sell and Buy’ Sustained low interest rates and rising prices have energized the marketplace.

By Tim Peterson The local real estate market is thriving, with Realtors reporting multiple offers on homes in some areas and dwindling inventory of homes for sale. At least two things are contributing to this change in the market. First, interest rates have been in the basement: Freddie Mac reported a 30-year fixed-rate of 3.57 percent for March this ...

Before Becoming a Landlord, Add Up Costs

ANYA MARTIN One of life’s luxuries is being able to afford a vacation home. But don’t underestimate its true cost—especially if you plan to rent it out… Doug Lebda, chief executive of Lending Tree, made a bigger down payment and pays higher interest rates because he plans to rent out the $960,000 beach condo he bought with his dad ...

Rental Investment May Seem Safer Than It Really Is

By TARA SIEGEL BERNARD Investing in a tangible asset like real estate may seem to offer a greater sense of control. You can walk through a house, after all, which somehow feels safer than subjecting your savings to the whims of the stock market… THE TAX IMPLICATIONS Rental income is taxed at ordinary income rates, but experts say you ...

Post-Sandy Legal Advice on Real Estate, Insurance and Property Issues

By Adam Leitman Bailey. Dear Clients, These are trying times and they are testing our character and spirits. We shall overcome this and come back stronger.  As your lawyers, we are honored to be able to assist you during these trying times.  From both on the ground with reinforcements to our legal advice and notices like the one below, ALB ...

Lenders Loosen Up…With Luxury Buyers

By MATTHEW STROZIER Demand for new mortgages is finally revving up—among big spenders, anyway. Home sales using a jumbo mortgage had year-over-year growth of 7.9% through September, compared with 2.7% for nonjumbo sales, according to an analysis for The Wall Street Journal by mortgage-technology company FNC. It’s the latest sign that jumbo loans, ...