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Each month AR runs numerous contests as a way for our members to engage in activities
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For most couples the family home is the highest valued asset they will have to divide in their divorce. Its division is usually fraught with controversy for varying reasons. It may be difficult to value, is not readily converted to cash, costs a substantial amount of money to maintain and has implications of federal and state tax liability.As if all those things were not enough, your family's emotional attachment to your real estate, in particular a family or vacation home can cause you to make an irrational or poor decision at the time of the divorce. Your family may be (0 comments)
A large and growing number of Baby Boomers – more than 1.2 million households – are choosing to move to communities designed to meet their needs, according to a recent report released by the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute (MMI).The data is significant because by 2010 the Boomers will represent one-quarter of the U.S. population – a group that will greatly impact the choices available in the housing market.The multi-phased report, Housing for the 55+ Market: Trends and Insights on Boomers and Beyond, examines a number of trends and behaviors of the important (0 comments)
Want to invest in home values without actually buying houses? - 05/20/09 06:36 AM
Well, starting later this month, you'll be able to do precisely that by buying into New York Stock Exchange-traded funds tied to the movement of house prices - up or down - in major metropolitan real estate markets. They're called "Macro shares," and their values will move based on home prices as measured by the Standard & Poor's/Case-Shiller index. If you think house prices in 10 key markets are likely to decline over the next several years, you can buy "down" Macro shares from your stock broker. On the other hand, if you believe that values are likely to rise, you (0 comments)
When the real estate bubble burst, so too, did the dreams of many speculators who were snatching up and flipping condos. Today, buying a condo can still be a great choice but getting financing for it could be a bit more challenging because some financial institutions are blacklisting some condo complexes due to high speculator ownership and dropping prices. According to a recent Marketplace report by Dan Grech, government-backed Fannie Mae and other banks in states such as Michigan, California, Florida, and Nevada are refusing to lend to credit-worthy potential buyers who are interested in purchasing condos in certain (0 comments)
Who's Eligible for a Loan Modification under Obama's Plan - 05/13/09 06:57 AM
Following are the eligibility requirements as specified in the Home Affordable Modification Program Guidelines: · Mortgage must have originated on or before January 1, 2009. · Home must be an owner-occupied primary residence (verified with tax return, credit report, and other documentation such as a utility bill) - this program is not designed for investor-owned properties. · Home must be a single family 1-4 unit property (including condominium, cooperative, and manufactured home). · Home may not be vacant or condemned. · Borrowers in bankruptcy are not automatically excluded from consideration. · Borrowers in active litigation regarding the mortgage loan can qualify (0 comments)
Architects at the country's largest manufactured home company embraced the basic rectangular form of what began as housing on wheels and gave it a postmodern turn with a distinctive v-shaped roofline, energy efficiency and luxury appointments. Stylistically, the "i-house" might be more at home in the pages of a cutting-edge architectural magazine like Dwell — an inspirational source — than among the Cape Cods and ranchers in the suburbs. The layout of the long main "core" house and a separate box-shaped guestroom-office "flex room" resemble the letter "i" and its dot. Yet "i-house" stands for more than its footprint. (0 comments)
As the recession continues to deepen and job cuts accelerate, a rapidly rising number of divorced spouses are requesting changes be made to child support and alimony arrangements.In a recent survey of the American Academy of Matrimonial Lawyers (AAML), 39% of the nation's top divorce attorneys cite an increase in modifications being made to child support payments. Additionally, 42% of the members report a rise in the number of changes made to alimony payments.When a divorced person loses a job or has take a pay cut, a request to make modifications to a child support or alimony payment arrangement often (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.