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6 October 2023 | 30 replies
In the event of a 40 percent decline, homeowners could see a nearly 10 percent increase, with the average residential bill reaching $5,723, assuming taxing authorities maintain their current levy rates." - Homeowners on track for property tax bumps thanks to office struggles
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5 January 2024 | 12 replies
However, the home itself is priced on the higher end of my price range and will require $80K in rehab costs according to the seller who is an investor himself.A few low ball offers were already declined, and I'm not sure what those offers were.
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5 January 2024 | 8 replies
To me 8% is worth paying off but you could just sit and hope rates decline too.
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28 April 2022 | 33 replies
You could buy a deal in the hottest market but have horrible boots on the ground and lose money, likewise you could buy a deal in a declining market but if you have the right people in place you’re more likely to succeed there.
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30 December 2023 | 12 replies
He has said that he wants to be present for my city point of sale inspection (which is none of his business), declined to show the unit which to this day I've only seen it once during my inspection.
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27 December 2023 | 8 replies
So IMO, as long as employment doesn’t blow up above 5% (which traditionally has been considered ‘full employment’) and the rate of inflation continues a steady decline, peak interest rates have even reached, 30 days ago.But, interest rates are still very high, is now a good time to buy a house?
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22 December 2023 | 0 replies
Falling mortgage rates and a promising housing market have given a much-needed boost to builder confidence, reversing a 4-month decline.
26 February 2022 | 14 replies
It's not as easy or cheap as it may sound.Since the current title policy if any, insures the lender to the OP and not the OP herself and since I suspect the current loan payment is up to date, there would be no loss recoverable under the policy and I believe the underwriter would decline the opportunity to increase its liability by insuring the new buyer.
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7 November 2017 | 19 replies
Some examples of good reasons include:* Evidence that the borrower obtained the HELOC fraudulently* A documented poor repayment history* A decline in the value of the property used to secure the loanIf you were relying on the line of credit as your primary source of funds, and the line gets frozen, you may need access to other funds to finish your rehab project.
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18 January 2021 | 23 replies
We politely declined.