The building at 614 Courtlandt Avenue, among the first buildings built during the Bronx?s transition to city from farmland, is being renovated and has just been put back on the market.
On the morning of her two closings in June, with all the furniture already en route to her new place in Princeton, N.J., Kitta MacPherson?s cat went into hiding in her old house.
Among those who might be considered innocent victims in the current wave of foreclosures, tenants caught up in the process would have to be near the top of the list. Through no doing of their own, families and individuals who are renting a property that goes into foreclosure are liable to have their lives seriously disrupted.
Many brokers are of the false assumption that listings are where the money is made. The saying goes, "Those that list rule the market!" After all ... listings are what build the company reputation; it is the calling card to success.
[Note: To follow is an excerpt of an interview with Robert Cain from Rental Property reporter. To listen to, or download the show archive MP3, go to www.IncomePropertyInvestmentTalk.com/081308.]
Consider, you go to a new car dealer, buy a vehicle and when you leave the lot it loses all four wheels and goes on fire. Gone. Incinerated. Most likely, you will hold the local dealer where you purchased the car for damages, but you may also seek amends from the automobile manufacturer as well.
Americans are a highly mobile society. Considering the amount of personal goods and furniture that many are blessed with, moving a household from one place to another efficiently takes both time and planning. When it comes to homeowner association moves, especially mid and high rise buildings, the logistics often involve coordinating with management, neighbors and others to minimize disruption. Here is a sample policy which can be adapted to your use:
The ongoing slide in home prices seems to be nudging some buyers back into the market. But a broad recovery still faces headwinds of rising unemployment, tighter credit and a huge inventory of unsold homes.
Mortgage-finance company Fannie Mae on Wednesday announced a management shake-up in an effort to come to grips with mounting credit losses and a shrinking capital base.
Home prices dropped by the sharpest rate ever in the second quarter, new data show, but the data suggest the severity of the housing slump may be waning.
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