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Wednesday, 20 September 2006 |
Half of those nearing retirement will be forced to sell their homes to pay for nursing care bills, says an alarming study. About 70,000 homeowners have to sell up every year to cover nursing or residential care home bills. The charity Help the Aged believes this number is about to soar due to Britain's care-home funding crisis.
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Wednesday, 20 September 2006 |
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An independent national market research firm, Real IQ reports that 22 percent of consumers who submitted mortgage loan requests secured a mortgage within 12 months of their request. HouseValues Inc., based in Kirkland, Washington, is a leading marketing partner for real estate and mortgage professionals. Real IQ's study also found that, of the leads from HouseValues sites that resulted in a mortgage transaction, 55% did so within the first three months after the lead was submitted, and 83% did so within six months. |
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Wednesday, 20 September 2006 |
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Sotheby’s International Realty luxury real estate franchise network has expanded to the South American country of Uruguay. Exclusive luxury real estate services are now available through Uruguay Properties Sotheby’s International Realty, which has secured the master franchise rights for the entire country and has opened its first office in the oceanfront city of Punta del Este, Uruguay. |
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Wednesday, 20 September 2006 |
Potential home buyers are heaving a collective sign of relief about the additional breathing room in today's housing market and it may not be long before all that easy breathing condenses into vapor. |
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Wednesday, 20 September 2006 |
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Owning a second handed house is an extremely tax-advantaged thing. If this is going to be used purely as a vacation property for you, your family and other guests, it is considered your second home. You also can claim your mortgage interest and property taxes, and add the cost of improvements to your basis. But not the capital gains exclusion, which is limited to your personal residence, or main home. Only if you occupy a place full-time for two of the previous five years can you claim that exclusi |
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Wednesday, 20 September 2006 |
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Congress is pushed by house representatives and insurance agencies to enact quickly comprehensive federal national natural disaster legislation. A symposium on Federal Natural Disaster was conducted by the The National Association of Realtors. 100 people attended the said activity, which comprise of different associations, nongovernmental organizations, congressional offices and federal agencies. This was in response to NAR’s continuous lobbying to Congress on the urgent need to protect homeowners. By ensuring the availability and affordability of disaster insurance specifically on disaster-prone areas, the economy they said would also be elevated. |
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