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13 January 2025 | 0 replies
In fact, according to the Federal Housing Finance Agency (FHFA), over the past five years, home prices nationwide have risen by 57.4% (see map below):This appreciation means your house is likely worth much more now than when you first bought it.2.
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11 February 2025 | 3 replies
You can't actually pay it off directly because they've been securitized, and the people who invested in those securities did so because of the specific certainty of the payment schedule.What you do in a defeasance is use the proceeds of the sale or the funds from your new lender to purchase treasury bonds that are packaged to make the exact payment amounts and timings on the remaining term of the loan, and then assign those bonds to your old lender.
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13 February 2025 | 0 replies
These areas attract long-term tenants who are willing to pay for quality housing.Mixed-Use Properties:Properties that combine residential and commercial spaces offer diversified income streams.
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12 February 2025 | 5 replies
The unit is part of a condo association for which we pay fees.
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18 February 2025 | 8 replies
You are going to pay more for something new so you might take a look on the local Craigslist, FB marketplace or OfferUP and see what is out there.
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1 February 2025 | 3 replies
Owners pay not to deal with problems.
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7 February 2025 | 11 replies
Plus the mortgage company probably calls the loan, and if you can't pay it off then you can lose the property.
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7 February 2025 | 10 replies
There are a lot of groups out there that basically want you to pay them to find the mentor deals, so he can take a slice of your deals.
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10 February 2025 | 71 replies
You have no foundation at all, but he wants you to pay and sign up?
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22 February 2025 | 5 replies
Since generally the benefit of a house hack is to hold the primary residence loan as long as possible, if you hold it long-term, you could still be forced to pay the mortgage insurance 10+ years down the line.Plus, you can only have one FHA loan (with some exceptions) at a time, so I'd rather use this house hack for 5% down which I can repeat and save FHA for another time.