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Archive for July 17th, 2008

Thursday, July 17th, 2008

City Room: Rent Stabilization Q & A

Joel E. Abramson, a longtime housing lawyer, answered questions from City Room readers about rent stabilization in New York City.

Thursday, July 17th, 2008

In Spain, a Bright and Narrow Space

Rosalind Williams and Tino Calabuig have bought and renovated several buildings in Madrid, but a narrow structure is the one they have kept for their own.

Thursday, July 17th, 2008

$3,000 deposit should’ve been red flag

Inman News Q: My daughter will be a college senior next year and plans to live off campus. Most of the rental properties near the college are expensive and owned by landlords who are reportedly very unscrupulous; they supposedly do not take good care of their rental properties or handle tenant complaints fairly. My daughter wants to live in one …

Thursday, July 17th, 2008

Property Values: What You Get for … $700,000

An 1860 2,083-square-foot cabin in Scottsville, Va.; a three-bedroom house in Orlando, Fla.; and a four-bedroom adobe in Tucson.

Thursday, July 17th, 2008

IndyMac lending reportedly being scrutinized by FBI

WASHINGTON - The FBI is investigating failed bank IndyMac Bancorp Inc. for possible fraud, an official said yesterday of the government’s latest target following the collapse of the nation’s subprime mortgage market.

Thursday, July 17th, 2008

Myrtle Beach Oceanfront Condo and Condotel expert

What is a condotel? It is a condo complex with a front desk!

 

 

Most folks can not get financing on these, and you ask why. Well they are mostly rentals.

 

How can I get financing on a condotel you ask? Well it must have a range that looks similiar to the one  below.

 

Your Myrtle Beach Condo expert

Chris Webster

Buyers’ Choice Realty

(Sellers’ Choice Too)

http://www.myrtlebeachhomeandloan.com

http://www.soldthebeach.com

 

I have found a lender that can get these financed with 20% down and a good rate as long as credit score is good.

 

 

 

Thursday, July 17th, 2008

Avoid probate with TOD deed

Inman News Q: I am single, age 70. The only "individual" asset I have in my name is my condo in Florida, which is my principal residence.

Thursday, July 17th, 2008

Making repairs shouldn’t be tenant’s job

Inman News Q: I have four small rental homes that are older and are really starting to show signs of wear and tear. I am constantly receiving calls from my tenants about something that is broken or needs to be replaced. This is getting expensive and is cutting into my cash flow that I need to pay my own living …

Thursday, July 17th, 2008

Don’t risk your security deposit

Inman News Q: I ‘ m planning to move into a new place next week and the landlord is taking a hefty deposit. Any suggestions on getting it back when I move?