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Month: October 2010

Mortgage interest tax break may face ax.

October 30, 2010

A bipartisan commission in Congress whose objective is to reduce the deficit, is considering the removal of the mortgage interest deduction. Their report is due by December 1, 2010. I can’t imagine such a change taking affect in view of the struggling housing market. It is this deduction that for many is the largest factor … More Mortgage interest tax break may face ax.

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The Trouble With Condos

October 30, 2010

Owners of condominium units are facing an even tougher time than owners of single family homes due to the recent changes in the rules that the FHA has established for lenders to follow prior to approving a loan on a condominium. Spot approvals of condo units is no longer allowed. The building’s financials must be … More The Trouble With Condos

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Mortgage rates in QE countdown. Trick or treat?

October 30, 2010

http://www.mortgagenewsdaily.com/consumer_rates/179316.aspx

Leave a comment Mortgage rates in QE countdown. Trick or treat?

Buying a foreclosure home is not for the timid.

October 29, 2010

NYTimes: Buying a Foreclosure Home Is Not for the Timid http://nyti.ms/9eKywt

Leave a comment Buying a foreclosure home is not for the timid.

Facing foreclosure? Don’t worry, you can still vote.

October 29, 2010

http://rss.cnn.com/~r/rss/money_topstories/~3/ZpXzFNQjZ-w/index.htm

Leave a comment Facing foreclosure? Don’t worry, you can still vote.

Should I put my daughter on my deed?

October 29, 2010

Adding an adult child to your deed to your house is not a good idea for a number of reasons. First of all, by doing this you will have to file a gift tax return. If the amount of the gift is under 1 million dollars, you will not have to pay a gift tax, … More Should I put my daughter on my deed?

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Do You Have To Repay Your Homebuyer Credit?

October 29, 2010

Congress passed the Housing and Economic Recovery Act back in 2008 to try to stimulate the housing market. The first plan was to allow those who purchased between April 9,2008 and December 31, 2008 to claim a $7,500 credit on their tax return. This amount must be repaid in 15 equal monthly installments of $500 … More Do You Have To Repay Your Homebuyer Credit?

Leave a comment Do You Have To Repay Your Homebuyer Credit?

Confessions of a robo-signer

October 29, 2010

CNN interviews Tam Doan a former Bank of America employee who states “I had no idea what I was signing. Either you were in or you were out. We had no knowledge of whether the foreclosure could proceed or couldn’t, but regardless, we signed these documents to get these foreclosures out of the way“. His … More Confessions of a robo-signer

1 Comment Confessions of a robo-signer

5 Traits of Today’s Home Buyers

October 28, 2010

A consumer research firm has conducted a study on the characteristics shared by today’s home buyers. Read more

Leave a comment 5 Traits of Today’s Home Buyers

Make Sure Your Estate Goes To Those You Love!

October 28, 2010

Leave a comment Make Sure Your Estate Goes To Those You Love!

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Estate Planning

  • Ask Liza: Everyday Estate Planning
  • Death and Taxes- The Blog
  • Elder Law Blog
  • Julie's Wills and Estate Planning Blog
  • My journey to millions
  • New Jersey Estate Planning & Elder Law Blog
  • New York Estate Planning Lawyer Blog
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  • New York Trusts and Estates Law Blog
  • Pet Trust Law Blog
  • VJRussoLaw Blog

Legal Research Sites

  • Legal Dictionary
  • Understanding Real Estate Law

Mortgage Information

  • Daily Mortgage Rate Updates
  • Mortgage Payment Calculator

Real Estate

  • Appraisal Scoop
  • Bible Money Matters
  • Broker Tales
  • Brownstoner: Brooklyn Real Estate and Renovation
  • Bubble Meter- A Housing Bubble Blog
  • Condo Domain
  • Curbed NY
  • Matrix- Interpreting the real estate economy
  • My Brooklyn Report
  • My wife quit her job
  • Real Estate ABC
  • Realty Times-Real Estate News and Advice
  • The Mortgage Fraud Blog
  • The Real Estate Blog
  • The Real Estate Bloggers
  • The Reinhardt Blog
  • Zillow Blog
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