Bryan Noth
July 2021 Market Update for Austin, TX MSA
19 August 2021 | 0 replies
The Austin-Round Rock MSA saw an change in median home price from $482,364 to $480,000, for a month to month decrease of $2,364 and a 37% increase from the previous year.The following infographics and data is courtesy of the Austin Board of Realtors:The uptick in housing inventory is a relief for many investors and homebuyers but the available inventory and rate of turnover keeps this strongly in a seller’s market.
Bruce Lynn
Supreme Court 6-3 over CDC eviction moratorium
27 August 2021 | 2 replies
Supreme Court ended the Centers for Disease Control and Prevention (CDC’s) eviction moratorium Thursday night, giving much-needed relief to America’s small housing providers facing financial hardship for more than a year.
Michael White
Seller Financing - Minimum terms?
26 February 2015 | 3 replies
(NAR sought relief from the prohibition against balloon mortgages.)C2.
Lynn Henley
Quit Claim Deed with Short Sale
8 August 2013 | 20 replies
Lynn Henley, Just make sure they understand, walking away is temporary relief, but they still may be sought for the deficiency.
Frank Fiore Jr
To Short Sale or Not To Short Sale That Is The Question?
20 April 2015 | 19 replies
The Numbers:- Loans total: 310,000$ (80/20 loans)- House value: 220,000$ (educated guess, not official comp)- Property (Mortgage, Tax, Insurance) % of Gross Income: 30.72%- Property (M,T,I + Property Expenses) % of Gross Income: 34.70%- Property (M,T,I,E + Living Expenses) % of Gross Income: 54.45%Cash Flow:- Rental Property: monthly expenses: $2,706.86- Living monthly expenses: $1540.85- Expense Total: $4247.71- Monthly Income (including rent): $4,717.50- Remaining: $469.79 (monthly remaining cash)Additional Numbers if it mattersInvestment to date: $26,000Future Investment: (Work next 10 years): $74,000Questions:Debt Relief- Was "The Mortgage Forgiveness Debt Relief Act and Debt Cancellation" extended to 2014?
Mindy Jensen
What "over the top" thing do you do for your vacation rentals?
28 August 2018 | 23 replies
I live a few hours from the cabin, but if I happen to be there, I'll bake cookies for the next guest.Charcoal and lighter fluid for the grill, hairdryers, first aid kit with itch relief ointment for bug bites, etc., umbrellas, ponchos, spices, cooking oil, coffee, tea sugar, detergent.
Peter Sai
Tenant overdue water bill (ohio)
27 December 2017 | 7 replies
Such actual knowledge or reasonable cause to believe shall be determined in accordance with that division.(10) Comply with the rights of tenants under the Service members Civil Relief Act, 117 Stat. 2835, 50 U.S.C.
Arcinio Arauz
Creative solution...help me think.
4 March 2013 | 16 replies
Prior to that, the mortgagee could have filed for Relief of Stay to pursue their collections.
Bill Sargeson
Water storage tank in basement
27 February 2016 | 17 replies
Check the pressure relief valve on the hot water tank.If you have the valve shut off and the meter has stopped moving, then the leak is somewhere in the house.http://www.greatbasinindustrial.com/water-and-wastewater
Anthony Angotti
1997 Taxpayer Relief Act
24 February 2016 | 4 replies
Hello,
I have a question about the sale of a property and the principal residence exclusion principle of the TaxpayerRelief Act of 1997. How does this apply to someone living in a four unit or less property and has b...