Thanks to a tax break in FIRPTA (Foreign Investment in Real Property Tax Act), foreign investors could double down on their US real estate frenzy in 2016. How, you ask?… Continue reading “New Tax Break Could Boost Sales in 2016. By Jen Hudson”
DOES CHEAP OIL EQUAL BETTER INTEREST RATES? By Jen Hudson
These last few days we’ve seen a real turn in events. Are those all negative things, or will they help? Guess that depends where you sit on the fence. Continue reading “DOES CHEAP OIL EQUAL BETTER INTEREST RATES? By Jen Hudson”
A GOLDILOCKS ECONOMY. By Jen Hudson
A GOLDILOCKS ECONOMY. By Jen Hudson
You know Goldilocks, right? Not too hot. Not too cold. But, just right? Well, that’s kind of what our economic reports are looking like right now.
LET’S TALK JOBS.
When the Walls are Closing In (based on a true story). By Jen Hudson.
You know when you run across those feel good moments and you realize why you’re really doing something? Recently, I had one of those moments again, and it made my day.
A couple months ago, I had a client call me. To protect the innocent, let’s call him Joe. The walls were closing in on him, and he had just gotten Continue reading “When the Walls are Closing In (based on a true story). By Jen Hudson.”
New Changes to Buying & Selling. By Jen Hudson
The Consumer Financial Protection Bureau (CFPB) is going to make changes. First, you’re probably thinking… the what? Continue reading “New Changes to Buying & Selling. By Jen Hudson”
Tired of Treading Water? (Based on a True Story.) By Jen Hudson
Let me tell you a story. Continue reading “Tired of Treading Water? (Based on a True Story.) By Jen Hudson”
11 Ways to Finance Commercial Real Estate Energy Retrofits
11 Ways to Finance Commercial Real Estate Energy Retrofits
by Michael C. Polentz
According to the U.S. Department of Energy, commercial buildings account for 35 percent of U.S. (and 40 percent of global) electricity consumption. Most commercial real estate professionals accept that energy efficient buildings can, and do, impact the value of the underlying asset. Notwithstanding this recognition, existing commercial buildings on average spend 30 percent of their budgets on operating costs and account for close to 20 percent of all global carbon emissions.
While they understand the benefits, the challenge for most commercial real estate owners and operators is not whether to implement energy efficient retrofits, but rather how to pay for or finance such improvements. Continue reading “11 Ways to Finance Commercial Real Estate Energy Retrofits”
USDA Financing – Continued Resolution Passed by Congress
UPDATE – Congress has passed temporary Continued Resolution meaning that changes to USDA Rural Housing eligible areas has been delayed until mid December.
What does this mean for PrimeLending and USDA Rural Housing? Continue reading “USDA Financing – Continued Resolution Passed by Congress”
Understanding Foreclosures: supply & demand (Part 1)
Real Estate is all about supply and demand. In my area, almost all short sales and foreclosures are listed through our multiple listing service. These homes are available on the market, just like all the other homes in the area. Good investors do not like to get caught in bidding wars. That defeats the purpose and the good deal usually goes right out the window.
If that property has not sold under the normal market conditions, what makes you think you are getting a good deal at the auction? Continue reading “Understanding Foreclosures: supply & demand (Part 1)”
Understanding Foreclosures: Buying Foreclosure (Part 2)
There is a misconception out there. Many beginning investors and homebuyers automatically think foreclosures are a good deal. Unfortunately, I’m here to tell you they rarely live up to the “hype” and they are certainly not easy.
Sellers who go into foreclosure will stop making payments for a variety of reasons. Continue reading “Understanding Foreclosures: Buying Foreclosure (Part 2)”