“Average home equity rose by $13,700 for U.S. homeowners during 2016,” said CoreLogic Chief Economist Frank Nothaft. “The equity build-up has been supported by home-price growth and paydown of principal.”
Which are the best markets for investment?
How do you make your investment decisions? Do you have a favorite method? How do you figure your return? Do you have tools to help you determine your best markets? What if your home market isn’t doing well? Would you like a secret weapon?
Which States Pay the Most in Property Taxes?
Geographic diversification should be a consideration for all investors. Although property taxes are one factor, investors should consider insurance, sales taxes, state & local income taxes, business & corporate fees & taxes, capital gains taxes, local business attitudes and much more to figure a bottom line after tax return.
http://www.housingwire.com/articles/39455-homeowners-pay-the-most-property-taxes-in-these-10-states
HUD program offers investors a discount on default properties | 2016-07-26 | HousingWire
Because many servicers and investors are new to the CWCOT program, Chronos Solutions offers high-touch service that walks them through the whole auction process. Whether the property is being sold through a live auction at the courthouse or through an online auction process, Chronos maintains close contact with the bidders through RealtyBid.
Source: HUD program offers investors a discount on default properties | 2016-07-26 | HousingWire
Golf Clubs
Do you golf? Somebody always asks that question. My response is that I have clubs. Still do not have enough time to actually use them, but I have a set. We have been members of two other golf clubs, prior to the one we belong to now. My husband is the only person in this family who actually has the time to golf. Why we needed to belong to more than one club at a time is a point of debate. If you are completely honest with yourself, you may have to admit that you too do not have enough time to play golf regularly & join a club because golf takes too much time. I would have to say that’s my guess about why participation in the sport has dropped off. Golf takes about twice as much time as tennis. Maybe a difference of 3-4 hours per week. Multiplied over a year that amounts to 150-200 hours. You need to be retired or POTUS to be able to do that unless you devote every weekend to it, which won’t make your spouse happy if they are not playing with you. Younger people in their prime working hours look at that time commitment and think of what else they could be doing – working their way up at their company or building a business. And when will you find time for your family commitments? Real estate can be an ideal business and investment!
