August 2008 - Posts

Appraisals Demand Buyers, Sellers Caution
A controversial agreement between New York Attorney General Andrew Cuomo and Fannie Mae and Freddie Mac with respect to real estate appraisals is not set to take effect until January 1, 2009. However, some lenders are already starting to adopt aspects Read More...
Posted 31 August 08 05:36 by Robert Buckman | 0 Comments   
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First Time Home Buyers Tax Credit
T he Housing and Economic Recovery Act contains an incentive aimed at encouraging fence-sitting first-time homebuyers to start thinking about a purchase soon, a federal tax credit of up to $7,500. The credit is 10% of the cost of a home, so a house costing Read More...
Posted 31 August 08 05:31 by Robert Buckman | 0 Comments   
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Housing and Economic Recovery Act
T he recently enacted Housing and Economic Recovery Act will do a number of positive things for the housing market (and a couple that are not so positive). One of the most significant is the $7,500 (maximum) homebuyer tax credit, which we discuss in detail Read More...
Posted 31 August 08 05:25 by Robert Buckman | 0 Comments   
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Fall Housing Market: Hints of Turnaround
T his has been one of the most difficult years for the housing market in a couple of decades, no question. By the way, last year was no picnic, either. Homeowners have struggled with rising adjustable rate mortgage payments that, in too many cases, have Read More...
Posted 31 August 08 05:13 by Robert Buckman | 0 Comments   
Take Investment Gains or Use a Tax-Deferred Exchange
A key tool for long-term real estate investors is found in Section 1031 of the U.S. Tax Code. It is the tax-deferred exchange, also known called a like-kind or 1031 exchange . What makes a tax-deferred exchange valuable? With a tax-deferred exchange, Read More...
Posted 01 August 08 08:53 by Robert Buckman | 0 Comments   
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Financing Investment Property
C urrently, more than 30% of American households are renters. Due to foreclosures, tougher financing rules and a fear of the market among some who might otherwise own homes, that percentage is growing, reversing a trend toward wider homeownership. Whatever Read More...
Posted 01 August 08 08:48 by Robert Buckman | 0 Comments   
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The 2008 Ral Estate Investment Report
R eal estate investment? Isn’t that an oxymoron, or at least a contradiction in terms? It may seem so in the context of the current housing market’s price and sales weakness, especially in those hard hit areas of the country where this is Read More...
Posted 01 August 08 08:36 by Robert Buckman | 0 Comments   
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