House of Cards
by Jeffrey Voudrie.The current credit crisis has impacted multiple sectors of our financial economy. Home foreclosures are on the rise. Credit-worthy consumers struggle to secure mortgages. Investment banks are brought to their knees. Foreign and domestic stock markets...
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Falling House Prices Impact Us All
by Chris Markt.It is becoming more and more apparent that the significant drop in house prices, initially only seen as a problem for sub-prime borrowers, is becoming as much a problem for prime-borrowers too. This affluent segment of consumers have already started ...
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How To Prevent Identity Theft
by Monica Ricci.WILL THE REAL YOU PLEASE STAND UP?How To Prevent Identity TheftEvery day, nearly 1,400 Americans are victims of identity theft. It can take anywhere from two to four years to straighten out the nightmare, and the average victim will invest approximat...
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Find an Apartment in One Day
by Patrick Oconnor.The first set to finding an apartment is organizing information on yourself. You know -- where you have lived for the last five years, the name and phone number of your landlord, where you work, how long you have been there, how much you are paid and...
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1031 Exchange Requirements
by Josh Riverside.In a 1031 Exchange, the primary requirement is meticulous planning on the part of the exchanger. The preparedness involves talking to the accountant, attorney, broker, lender and a Qualified Intermediary, the legally mandated middle-man who carries o...
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1031 Exchange Forms
by Josh Riverside.Typically, the 1031 Exchange involves forms like brokers' price opinion, exemption and nonresident waivers, affirmation of residency, declaration of trust, IRS 8824 like kind exchanges, lien waivers, mortgage interest deductions, multifamily mortgage...
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1031 Exchange Experts
by Josh Riverside.As far as the 1031 Exchange is concerned, it is the Qualified Intermediary who can be called the top "expert" who makes or breaks the deal. The role of the QI is crucial to completing the exchange successfully. It is he who acts as the "glue" that b...
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1031 Exchange Services
by Josh Riverside.In a 1031 Exchange, the main services come from a qualified intermediary (QI), also known by names like facilitator or accommodator. The services are offered on fee-for-service basis. The services from the QI include paperwork, oversight, escrow ser...
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1031 Exchange Rules
by Josh Riverside.In a 1031 Exchange an investor sells his property, called "Relinquished Property," to acquire a "Replacement Property" without attracting tax on capital gains. The whole exchange is overseen by a Qualified Intermediary (QI), a middle-man who provides...
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Pre-drawn Home Designs Vs. Custom Home Designs
by Mark Mathis.Pre-drawn home designs:Pre-drawn home designs are, by contrast, home designs which have been developed to fit the needs of a particular group of the general populace. They are not "custom-designed" for a particular person, but rather, standardized fo...