Posts Tagged ‘#smithandcompanyrentals’

Soaring Home Prices Are Roiling Appraisals and Upending Sales

This is a reprint of an article from the Wall Street Journal.  We have a solution to the Appraisal Problem. Click the link at the bottom of the article. By Nicole Friedman Oct 11, 2021 Jason and Talitha Brooks listed their house in Orange Park, Fla., in June at $320,000. After receiving multiple bids, the couple…

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Biden’s Proposed Tax Changes: What Investors Should Know

Biden’s Proposed Tax Changes: What Investors Should Know   This is a repeat of an article from Amanda Han – A CPA specializing in Tax Strategies Many of you have been anxiously awaiting this information for several months, and it is finally here. We now have more insight into what the proposed tax policies and…

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Biggest Mistakes People Make When Getting Ready to Close

From our friends at National Credit Care   Underwriting. Now that’s a word that makes any mortgage professional get the chills. Let’s say it again…underwriting…brrrr…those blasted pencil pushers just making all our lives more miserable. Over 90% of our clients are seeking a loan approval for a home. This has naturally turned our business model…

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Commercial Bridge Money Has Never Been So Readily Available!

From our Friend Karen Schimpf at Commercial Capital Ltd Commercial Bridge Money Has Never Been So Readily Available. We have expanded the coverage of what our private money can do, growing our platform above $2 Million up to $20 Million! This is a direct lender platform, we can close off our balance sheet (quickly) with an…

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Lease Purchase Program- lets you pick out a home listed for sale to rent, and buy if you want to.

How Lease Purchase Began  When the Great Recession of 2008 hit, the mortgage market changed forever. Thousands of people across the country wanted to purchase a great single-family home, but were unable to as a result of the tightening credit requirements. Current Home Partners CEO, Bill Young, began strategizing a solution to this problem by providing access to capital that…

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What Does the Supreme Court’s Eviction Moratorium Ruling Mean?

The U.S. Supreme Court recently denied a request to block the CDC from imposing their eviction moratorium—giving the federal moratorium another month of life. The ruling came from a court split 5-4, with Justice Kavanaugh and Chief Justice John Roberts joining Justices Sotomayor, Kagan, and Breyer to block the request made by real estate trade…

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Pilot Accessory Dwelling Units (ADU) Ordinance Approved

Accessory Dwelling Unit Ordinance (ADU) Approved An Accessory Dwelling Unit  or ADU is a legal and regulatory term for a secondary house or apartment that shares the building lot of a larger, primary house. An ADU can be a tiny house in the backyard, a coach house, a granny flat, a build-out space in the…

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Judge Vacates CDC’s Eviction Ban, But Appeal Delays Action

Judge Vacates CDC’s Eviction Ban A U.S. District Court judge for the District of Columbia ruled Wednesday that the Centers for Disease Control and Prevention’s nationwide eviction moratorium is unlawful, striking down the ban and delivering relief to housing providers who haven’t been able to collect rent from struggling tenants for more than a year. But the…

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