Published by U.S. News > Money on December 3, 2019 People who want to invest in real estate but don’t want to be landlords might consider buying mortgage notes. The loans that borrowers take out to purchase a property are mortgage notes. Banks or lending institutions make the loans, and often these entities will sell …
By Diana Olick Published March 6, 2020 by CNBC The average rate on the 30-year fixed mortgage fell to a record low of 3.29%, Freddie Mac reported last week. That’s down from the previous low of 3.31% in November 2012, in the wake of the financial crisis. Fears of the coronavirus hitting financial markets have …
Expensive home prices, high property taxes and anti-investor legislation are prompting a growing number of real estate investors to invest remotely outside where they live. An analysis of Auction.com bank-owned (REO) buyer data shows that 16% of all REO buyers using the Auction.com platform purchased out-of-state homes in 2019, up from 15% in 2018 and …
In today’s market, investing has grown beyond traditional assets. While stocks, bonds and mutual funds are still common portfolio inclusions, there are many other avenues that can also be rewarding in the long run, if you are willing to put in the time. One such avenue is real estate investment, which can be a lucrative …
FORBES: Seven Real Estate Investing Tips For Beginners Read More »
Sen. Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase. He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment. From Sanders’ Website: “When Bernie is president, he …
PUBLISHED TUE, FEB 25 20208:31 AM EST by CNBC.com As many consumers know, your credit score plays a big role in daily life. It can determine the interest rate you’ll pay for credit cards, car loans and mortgages — or whether you’ll get a loan at all. Those three digits can save you tens of thousands of …
Here’s how to improve your credit score right away Read More »
Published February 27, 2020 8:30 AM EST by CNBC.com The number of unmarried couples who live together reached 18 million in 2016, a 29% jump from 14 million in 2007, according to the Pew Research Center. Among adults age 50 and older, however, the increase was 75%: About 4 million were cohabiting in 2016, up …
If you live with your partner and are unmarried, this is what happens when you die Read More »
Just the other day I received this email (exactly as written): I want to ask if there are way to sale – international promissory note. – Issued by US treasury. – Value $20Billion It was issued as compensation for lands in California. I have posted an image of the “note” below. It’s a scam, of course. …
Scam artists claim Treasury “international promissory notes” — no such thing Read More »
This was published in the November, 2019 issue of THE PAPER SOURCE JOURNAL. For information on subscribing, click on the tab above, “Paper Source Journal.” Why am I posting a roundup of note frauds committed this year (so far)? It’s because most people aren’t aware of how many there are and how serious is the problem. …
How To Protect Yourself Against Fraud: Crooks Of 2019 Read More »
A Queens, N.Y., landlord will pay $1 million for refusing to rent apartments to applicants who have been incarcerated. The Fortune Society sued the owners of Sand Castle, a 917-unit apartment complex, in 2014. They charged that the building had a policy of automatically refusing to rent an apartment to a person with a criminal …
Landlord Pays $1 Million for Refusing To Rent To Ex-Cons Read More »
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