My mortgage was sold to another institution last year and it seems like they handle escrow differently. My previous bank would pay the taxes and insurance when due and collect those balances equally throughout the yea...
I've heard this from many realtors and wholesalers in Atlanta, that the shortage on inventory is real. They are saying that investors are having a hard time finding true deals and that even most wholesalers are pricin...
Probably not a surprise to anyone here. It will be interesting to see how this affects builders.
Key points:Experts say the decades-long U.S. housing shortage is only going to get worse in the next year.Top economist...
TL, DR: Two homeless women moved themselves into a vacant home in West Oakland (Bay Area/CA) and intend to stay there, rent free.
This made the evening news last night. As a resident of the Bay Area, I definitely un...
I just got an escrow analysis from a new lender (transferred about a month ago) and there is an escrow shortage. The property is in South Carolina. (Columbia, Richland County) The increase would case the payment to go...
I have two commercial and residential properties. Bank is asking to make up escrow shortage by paying about $11,600 or they will increase total monthly payment on both properties to make up for past and future escrow...
Interesting Airbnb LA Times article today; Get this...dudes are finding apartments to rent from Landlords just to do Airbnb and turn it into a regular business for themselves. What category of REI is that?http://touch...
Why Correction Not Crash
There have been a lot of talks on whether or not the housing market is primed for a correction or crash. This is my opinion as to why I believe we will see a correction not a crash.
I think ...
In 2021, we saw buyers upgrading to larger homes, taking advantage of 3% interest rates to afford an extra 300+ square feet.
Today, smaller homes are selling much faster as higher rates make additional square foota...
Can anyone help me with this problem? When i purchased my home in 2018 i paid $2400 in insurance and about $2200 in property taxes. Now, in 2019 it seems that my property taxes and insurance doubled and it now caused ...