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A Housing Crisis Has More Politicians Saying Yes to Developers
Source: New York Times --- For years, elected officials from across the political spectrum in New York City have scored points by attacking a common enemy: Real estate developers. Politicians routinely quashed projects. Some officials argued they were protecting a...
Dave Ramsey Warns of a Dangerous ‘Plot Twist’ You Could Face With Rent-to-Own Homes. Here’s What It Is
Source: The Motley Fool --- Rent-to-own is one approach to buying a home, but it's not a conventional approach. Basically, if you opt for a rent-to-own arrangement, you enter into an agreement with a property owner that enables you to purchase the property you are...
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‘The scammers are getting quite crafty’: Kentucky man nearly loses $70K in real estate scam
Source: WHAS 11 ABC --- LOUISVILLE, Ky. — The Attorney General’s Office in Kentucky reported more than $12.7 million lost to scammers in 2021. Some of those losses were because of real estate scams. A Louisville man told WHAS11 News he was in the process of closing...
Can I buy real estate inside of my IRA?
Source: True Jersey --- Q. I wanted to buy a condo for my son, where he would pay rent that would cover the monthly carrying costs. If I wanted to buy it within an IRA, can I? I’d rather not take a mortgage. — Dad A. That’s a very generous move. It is possible to buy...
Illinois lawmaker wants to root out bias in real estate valuations
Source: Chicago Business --- Discrimination in real estate has taken its toll on families for generations and continues to hurt Black and Brown people. We must take significant steps on the state and local level to stop this undue practice. That is why I have teamed...
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