Matt Kofsky's (mattkofsky) Blog

I was given an interior BPO assignment today.   The property is an REO listing with an agent who is 400 miles away.  The company only deals with one agent for the entire state.     The house is 4679 sq ft on 1 acre with a 5 car garage in an exclusive neighborhood.  The lawns are so green, it hurt...

I do not understand the people who have problems with refinancing.  Scenario 1.  A person buys a house for $100,000.  A couple of years later it is worth $200,000.  He refinances and owes $150,000.  He has $50,000 equity. Scenario 2.  A person buys the house next door for $200,000.  He borrows $1...

There is a blog  http://activerain.com/blogsview/1732181/economic-lessons-from-a-child that states there is a direct relationship between taxes and employment.  A common talking point.  I live in Nevada, with 0% income tax.  We also have the highest unemployment rate in the country.   It is often...