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If history is any indicator, South Florida’s next generation of residential condo conversion units are currently being proposed, financed, and built in Miami-Dade, Broward, and Palm Beach counties under the auspices of rising rental rates. In a trend reminiscent of … Continue reading
A short sale is far from hassle-free, but it’s a better alternative than foreclosure. And now you’ve got a little help from your friends in D.C. Here are the facts about short sales and how to get started. Facing foreclosure … Continue reading
Real estate makes a great retirement plan: Put a rental property into an IRA, play by IRS rules, and you’ll grow your investment tax-free until retirement. When you put a rental property (a house, condo, land, or even commercial property) … Continue reading
Big lenders in the reverse mortgage business — Wells Fargo this month and Bank of America earlier this year — have pulled out of the market and won’t issue any new reverse mortgages. But MetLife and several smaller companies plan … Continue reading