As the original foreclosure website, built by investors, for investors, Foreclosures.com has just added a ton of new listing features that we know you are going to love!
Monthly Archives: May 2010
A Strategy on Managing Your Rehab with a General Contractor
May 1, 2010 – 4:45 pm
When you are working on a rehab project you have a delicate balance to maintain. You need to be continuing on with your search for your next project while making sure that you are staying on time, within specifications, and on budget with your current project. It is easy to either micromanage [...]
New Law Affects All Investors: Pre-1978 Homes
May 1, 2010 – 4:42 pm
Are you planning on renovating, repairing or painting a home, child care facility or school built before 1978? If so, I would highly recommend you do NOT CUT, SAND or DEMO ANY WALLS during your rehab if possible. Also, this new law will greatly affect REO lenders who have pre-1978 houses with bad walls. And [...]
Four Things You Must Avoid If You’re Filing an S Corporation Return
May 1, 2010 – 4:40 pm
The S Corporation is the perfect business structure for most businesses. But that doesn’t mean it’s completely risk free. The GAO reviewed a sample of S Corporation tax returns for two years and discovered that 68% were done wrong. Over half were wrong! And of those wrong returns, over 70% had been [...]
The Top 3 Ways to Determine a Home’s Value
May 1, 2010 – 4:39 pm
In most states there are values determined by the tax assessor’s office. It might be called your tax value, assessed value or something similar. That number might not be 100% of the property value. Usually there is some type of formula that each city or state uses.
Fair Housing “Zero-Tolerance Policy” Netting Huge Awards Against Landlords: Learn From These Mistakes
May 1, 2010 – 4:37 pm
Second Largest Settlement on Record
The Department of Justice (DOJ) has just announced settling a rental housing discrimination suit that it is touting as the second largest monetary payment ever obtained in a fair housing case.
A Kansas City, Kansas landlord will pay a $2.13 million settlement over allegations it engaged in a pattern [...]
The Four Emotions That Can Lead to Life Change
May 1, 2010 – 4:35 pm
Emotions are the most powerful forces inside us. Under the power of emotions, human beings can perform the most heroic (as well as barbaric) acts. To a great degree, civilization itself can be defined as the intelligent channeling of human emotion. Emotions are fuel and the mind is the pilot, which together [...]
A Balanced Life, Part 1
May 1, 2010 – 4:34 pm
According to psychologist Sidney Jourard, fully 85 percent of your happiness in life will come from your personal relationships. Your interactions and the time that you spend with the people you care about will be the major source of the pleasure, enjoyment and satisfaction that you derive daily. The other 15 [...]
Can’t Buy Flood Insurance Right Now?
May 1, 2010 – 3:53 pm
Have you tried to get flood insurance lately?
If so, you were probably told by your insurance agent or the government that the insurance isn’t currently available. The reason: When Congress went into recess at the end of March, it failed to reauthorize the National Flood Insurance Program. It expired on March 28.
