Posts Tagged ‘Property’

How to climb your way on to the property ladder

Saturday, July 17th, 2010

How to climb your way on to the property ladder
if you are one of the thousands of homebuyers or sellers trying to work out when best to throw their hat into the property ring, the latest price surveys won’t have helped.
Read more on Independent

Nonoy nearly falls prey to text scam
He was nearly victimized by a text scam, he doesn’t eat chicken, and he loves driving fast cars. These are among the interesting facts about President Benigno Simeon C. Aquino III, who still enjoys his high popularity rating after winning the presidency in the country’s first automated elections. In an up-close and personal chat with the journalists on Tuesday, the President disclosed he was …
Read more on Manila Bulletin

Cash Doctors, Australia’s Largest Online Payday Loans Company, Recruits new Operations Manager
New talent has been sought to further streamline the operations of Cash Doctors, Australia’s largest online payday loans company. After a massive 50% growth in the last 4 months, the company is now preparing for their next phase of expansion with the recruitment of Kelly Powell, a customer service and call centre specialist.
Read more on PRWeb via Yahoo! News

Tuesday, July 13, 2010 8:15 pm
For years, recess at Grout Elementary School in Portland, Ore., was fraught with the same sort of playground woes common around the country. Some kids would play, some wouldn’t. Some roughhoused and got into tussles. Resolving those tussles, teachers said, ate into post-recess classroom time.
Read more on Olean Times Herald

In Texas can I get an equity loan on my primary residence, if I have an equity loan on my rental property?

Wednesday, July 14th, 2010

Question by billykharl75476: In Texas can I get an equity loan on my primary residence, if I have an equity loan on my rental property?
As I understand it in the state of Texas home owners are only allowed one home equity loan. I have two separate properties, one is my primary residence and one a rental property….some years ago I had my rental property refinanced and in the process received a small amount of the equity. I am now told that I cannot get an equity loan on my primary residence because of the situation with my rental property.

Best answer:

Answer by Ryan M
That does not make sense what you are being told. Logic would assume that you can only have one equity loan PER PROPERTY, not per person. I would ask a few different lenders in your state about that

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Attaching a mobile home to owned property – any advantages/disadvantages?

Sunday, June 20th, 2010

Question by Derek: Attaching a mobile home to owned property – any advantages/disadvantages?
I know someone who owns a double or triple-wide mobile home and the property it’s sitting on. She also purchased an adjacent lot. I’m not familiar with all the terminology involved, but I’m trying to find out if there are any advantages/disadvantages to making a property “permanent” on the land.

This process involves setting a foundation of some sort and having it reevaluated (by an appraiser I assume.) From there you go to the city and have it reclassified as a home vs. mobile home.

The one advantage I can think of is banks would be willing to lend home equity at better rates, treating it as a home vs. a mobile home. Many banks won’t give out home equity loans to mobile home owners, even if paid off. Are there other advantages?

The disadvantage. Higher taxes? Would property taxes change somehow with this reclassification? Would it help or hurt in any way (i.e. taxes) for her to combine the property and both lots into one large lot?

Best answer:

Answer by mrscmmckim
Mobiles loose value regardless. It will make her insurance go down, taxes go up and might even be against her town, counties or states laws.

Temporary mobile home sites are fine when there is a plan set for regular construction and the temp situation is “Just until the new house is built”.

Reclassifying means nothing if you want to sell, a horse is a horse is a horse….unless of course its sway backed then its a nag…which is what will happen when the value drops out from under your friend. Sometimes the land has more value if you move the mobile!

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SBA Loans Available For Flood-Damaged Property

Friday, June 4th, 2010

SBA Loans Available For Flood-Damaged Property
The U.S. Small Business Administration has approved million in low-interest, long-term disaster loans for Tennessee homeowners, renters and busine…
Read more on The Memphis Daily News

Ohio medical imaging company makes M investment in Cleveland’s health care corridor
CLEVELAND (AP) — A medical imaging equipment manufacturer has announced a .4 million investment in a global research and development center in Cleveland.
Read more on FOX 8 Cleveland

Ohio medical imaging company makes M investment
Associated Press – June 4, 2010 6:35 AM ET CLEVELAND (AP) – A medical imaging equipment manufacturer has announced a .4 million investment in a global research and development center in…
Read more on WTOL 11 Toledo