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15 March 2024 | 8 replies
Now the real estate commission here has instructed agents NOT to measure, but to just use the best source of info that we have available like public records and fill out the square footage disclosure stating where we got the square footage info from.
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15 March 2024 | 5 replies
We go directly to the public notices from the county
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14 March 2024 | 6 replies
We have a transportation business that picking up and I would like to use some of the cash to invest in some rental properties.
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15 March 2024 | 43 replies
i would debate that a shared common space is a public space. i would not consider anything inside a house a public space. the lobby in a hotel, anyone can walk in there whether they are staying there or not.
15 March 2024 | 10 replies
Nearby job hubs, facilities, and public transit can draw in both tenants and prospective homeowners.4.
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14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
14 March 2024 | 2 replies
I followed code 527 of IRS and used per sq ft price to assign purchase price to both houses. https://www.irs.gov/publications/p527#en_US_2023_publink1000...Then I calculated percentage for each house based on sq ft.
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14 March 2024 | 6 replies
I don't know the laws of New Hampshire but most property law prohibits land locking property, meaning all parcels must have some form of legal access from public space to the property, whether through a permanent right of way, narrow deeded entry, or something similar.
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13 March 2024 | 37 replies
If you're interested in reading the basics, read this. https://www.nj.gov/dca/divisions/codes/publications/pdf_lti/...I'm not familiar with Morristown and Morris county specifically but made two offers on East Rutherford duplexes.
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14 March 2024 | 11 replies
I have substantial capital in the public equities markets and would like to diversify my investments, so that is the reason for wanting to do this.