W. J. Mencarow

Real Estate Investor Says ‘Nobody Wants To Do Business’ In NYC After Trump Verdict

Legal, Politics / By

Published by FOX Business | May 31, 2024 Prominent business executives have warned that more New York enterprises and their leaders may fall victim to “no rule of law” in the wake of Donald Trump’s guilty verdict. Former President Trump was found guilty on all counts in his historic and unprecedented criminal trial, making him the …

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Rising Insurance Rates May Stop Many From Purchasing Their Dream Home

Insurance, Residential / By

Published by Forbes.com | May 31, 2024 With double-digit home insurance rate increases, some potential homebuyers may find it difficult to purchase a home. Here’s what you need to know. It comes as no surprise that if you plan on purchasing a house, you’ll also need to get home insurance. However, the cost of homeowners …

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Capital Gains Taxes Trap Home Sellers—Worst-Hit States Revealed

Investments, Taxes / By

Published by REALTOR.com | May 22, 2024 Home values have risen rapidly over the past few years, but when it comes time to sell, that windfall can come with a nasty surprise: capital gains taxes. Since 1997, home sales that generated less than $500,000 in profits for the seller have typically been exempt from federal …

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Home Prices Come Into Focus as Key Issue in the 2024 Election

Housing Market, Politics / By

Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …

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Crackdown on Hedge Fund Homebuyers Won’t Lower Housing Prices, Economist Argues

Investments / By

Published by REALTOR.com | May 9, 2024 Proposed congressional legislation to ban Wall Street hedge funds from snapping up single-family homes would likely have little impact on home prices, one economist has argued. “With their small national market share, claims that large institutions inflate house prices seem exaggerated,” wrote Capital Economics Property Economist Thomas Ryan in a …

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Real Estate Scams Are On The Rise. Here’s What You Need To Know

Fraud / By

Published by Forbes.com | April 30, 2024 Several types of real estate scams are on the rise and even the savviest homeowners should be on alert. Scams are on the rise, and this includes real estate scams. According to the FBI’s Internet Crime Complaint Center (IC3), business email compromise (BEC) schemes frequently target the real estate sector. …

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Mortgage Fraudster Who Served 13 Years in $55M Scheme Now Helps Fight Scammers

Behind The News, Fraud, Mortgages / By

Published by REALTOR.com | May 4, 2024 Since his guilty plea, Cox says he’s reformed and has turned his unusual talents to fighting fraud. In the late ’90s, Matthew Cox was 29 and starting a new job as a mortgage broker in Tampa, FL, when he committed his first act of mortgage fraud by erasing a borrower’s late payment …

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