LLC vs Corporation: Can You Do Without Either
**LLC vs Corporation: Can You Do Without Either**
When it comes to choosing how to hold your real estate investments, you can choose from many options. The most popular options are using an LLC to own real estate or a corporation. Some decide that they would prefer to hold title to their real estate investments in their own name. Is it wise to own investment real estate properties in your own name?
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Posted on:
Oct 15, 2009
Why Buy Title Insurance On a House When You Pay Cash For the Home
**Why Buy Title Insurance On a House When You Pay Cash For the Home**
If you are making the largest investment of your life, wouldn't you want to make sure you are protected by obtaining and buying title insurance? When you buy title insurance on a house, a title company gives you certain guarantees that you are the rightful owner of the home and certain other title protections. Title insurance does not protect you against future title problems that might develop nor does it protect you from fire or other casualties. But if you are paying cash to a seller are you certain the seller will give you good title to the home?
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Posted on:
Oct 15, 2009
Taylor Bean and Whitaker: Answers for Taylor Bean and Whitaker Customers
Taylor Bean and Whitaker: From reader comments and questions, we have some answers for Taylor Bean and Whitaker customers. Dealing with the failed mortgage servicer has been frustrating for customers who are concerned about the state of their mortgage loan. Most answers won't come until after the October 31 court deadline, but we have answers to some of the most common and pressing customer service issues with Taylor Bean and Whitaker.
Posted on:
Oct 12, 2009
More Reasons Why Your House Won't Sell
**More Reasons Why Your House Won't Sell**
If you are getting the showings, but your house won't sell, what should you do. Make sure that you understand the listing price of your home and that it is competitive with other homes. Make sure that the condition of your home is in as good a shape as possible. While you can't change the location of the home, location, location, location is still the norm in real estate and you should understand how that affects your home.
Finally, make sure you understand the market when it comes to the commission you are paying your broker and how much of that commission will be paid to the agent that brings a buyer to buy your home. If you don't understand each of these issues, you have added more reasons to why your house won't sell.
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Posted on:
Oct 8, 2009
IRS Reminds Consumer About Special Sales Tax Deduction for Car Purchases Through End of 2009
The internal revenue service reminds taxpayers that they may qualify for the special sales tax deduction on cars, light trucks, motor home or motorcycles, if the vehicle is purchased before Jan. 1, 2010.Taxpayers may qualify for this deduction under the American Recovery & Reinvestment Act of 2009 (ARRA) with the deduction limited to the sales and excise taxes and similar fees paid on up to $49,500 of the purchase price of a new vehicle.
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Posted on:
Oct 7, 2009
Reverse Mortgage Threatening Home Equity For Seniors
Senior's Home Equity may be at risk from reverse mortgage lending abusers, according to a report from the National Consumer Law Center. Reverse mortgages are being used by abusers of the subprime mortgage market as “tools” to profit from seniors. The National Consumer Law Center thinks that if protections aren’t put in place soon, not only will the life savings of senior citizens become depleted, but so will our tax dollars and economy. Read the full story on reverse mortgage abuse below from the National Consumer Law Center.
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Posted on:
Oct 7, 2009
Taylor Bean & Whitaker Customers Using ‘Equity Accelerator’ Program
Taylor Bean & Whitaker Update: October 7, 2009 -- For Taylor Bean & Whitaker customers who have been having trouble with their escrow payments and a program called Equity Accelerator we have an update on how to handle your payments with Taylor Bean & Whitaker. Below we have tips from the Georgia Department of Banking and Finance on how to cancel Equity Accelerator and handle your escrow payments with Taylor Bean & Whitaker.
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Posted on:
Oct 7, 2009
Do You Have Your Tickets For "How To Profit From Foreclosure"
It's finally October, and the "How to Profit from Foreclosure" event is just around the corner. This exciting event on October 24 in Atlanta will bring together experienced real estate professionals, tax experts, mortgage lenders, and successful investors for a full day dedicated to getting into the…
Posted on:
Oct 5, 2009
Faulty Smoke Detectors - How to Get The Smoke Detector To Stop Beeping
Faulty Smoke Detectors - How to Get The Smoke Detector to Stop Beeping: Why does it always happen at 1:45 a.m. on a night where you went to bed early and were trying to get a solid night's sleep. Smoke detectors need batteries every year, but they the unit itself goes bad every 3 to 5 years. Ours is 5 years, 10 months old.
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Oct 5, 2009