While looking over the travel section of a local newspaper I was drawn to a headline “A stranger is sleeping on my nephews lawn”. Curious and eager to learn more I read the entire article. Renting out a room in your home or renting out your lawn as a camp site to a weary traveler …
Author Archives: SueT
Tax Free Rental Income
Some residents of Augusta, Georgia have purchased tickets to the Master’s for years but have never attended the famous golf tournament. It’s because they include the tickets as a bonus to the people who rent their home during the event. Each year, owners rent their home for a big premium during the Masters and make …
Equity Requirement to Refinance?
The Federal Housing Finance Agency (FHFA) wants to expedite the stabilization of the real estate market. The hope is that if they let upside down home owners take advantage of today’s low interest rates, fewer homeowners will walk away. The goal is to lower the interest rate and monthly payment. The Home Affordable Refinance Program …
Debt Relief Tax Break Due To Expire
Tax Break For Underwater Home Owners Ends Soon Time is ticking to get a fresh start. According to recent data by CoreLogic©, a leading provider of information, analytics and business services, almost 1 in 4 homes with a mortgage is underwater. This number has continued to grow quarter over quarter as real estate values remain …
Is Solar a Good Investment?
I have tried to make my little ranch as environmentally healthy and energy efficient as possible. I have done everything I can to keep my electric bills manageable. I have lawns and pastures that are irrigated during the hot summer months. The irrigation pump was put on a timer. It keeps the electric meter from …
Are Lenders Getting Smarter About Short Sales?
Well maybe. 50 million American home owners have a mortgage on their homes. 10 million of those home owners are upside down or as some like to say, under water. 6.4 million of those home owners are delinquent! Does this mean a new wave of foreclosures? Probably not. The lenders have determined that short sales …
Build Your Own Home Guide
I googled “build your own home for dummies” and to my surprise there is a book available on Amazon.com for $13.59. It has over a hundred pages of tips. It has guidelines on foundations to financing! I can’t recommend it because I haven’t read it myself but I think it’s could be a good resource. …
When Is a Good Time to Build?
Building ones home will, without a doubt, be one of the most creative endeavors you could possibly undertake. I truly believe that there’s is a very unique window of opportunity open to you today. Land and lot prices are phenomenally priced. We are seeing land priced at one fifth of what they were at the …
Ball and Chain Housing Crisis
I believe that the housing crisis is acting as a ball and chain on the general economy. An alarming 25% of the homeowners in the united states owe more on their mortgages than their homes are worth. America has way too many borrowers losing their homes to short sales that take months to complete and …
