Worst performing cities: Despite news that the pending home sales index jumped at the highest rate since 2001, some real estate markets are struggling along. We’ve recently discussed the best small towns to buy a home and outlined most rapidly growing counties but today we’d like to reveal the areas that are struggling. The...
Real estate prices are low, but the lack of available financing is preventing people from taking advantage of them. This of course presents an opportunity for investors. By providing hard money loans, investors can make a healthy profit with low risk. See the following article from REIClub for more on this. It is a...
Short sales are occurring with increasing frequency as a result of the poor economy and shrinking home values. What many people don’t realize is that if your lender allows you to sell your home at a loss, you may be liable for taxes on the losses incurred by the lender. The IRS considers a...
LOS ANGELES- A 7.2 magnitude earthquake centered in Baja California, Mexico was felt all over Southern California, rocking high rise buildings from San Diego to Los Angeles, but there were no immediate reports of major damage. One man died when his home collapsed on him, Baja California state Civil Protection Director Alfredo Escobedo. The...
Car insurance is one of those confusing necessities in life. Television bombards consumers with commercials that promise low prices, but they don’t give many specifics. Consumers can save money on car insurance by understanding what they really need as determined by their individual situations. Study first to understand the terms, then shop wisely. What...
AUSTIN – An unprecedented move by the Texas Department of Insurance to publicize recent rate hikes by State Farm Insurance sparked a legal challenge from the company Tuesday over what it said was confidential information. Texas’ largest insurer filed suit against the state agency seeking to protect from disclosure certain information that State Farm...
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