1 in 4 houses in Spokane Valley “underwater”? 1 in 5 houses on the South Hill and Liberty Lake “underwater”? The latest interactive graphic from Zillow allows you to check your neighborhood: http://www.zillow.com/visuals/negative-equity/#9/47.6561/-117.4123
Robert R Rowley, PS
The latest annual Spokane County/Kootenai County foreclosure figures. In 2012 there were 685 foreclosure sales, (2011=1112; 2010=1040; 2009=925; 2008=560; 2007=304; 2006=269; 2005=484; 2004=806; 2003=1030). Economy on the mend?
Student Loan Problems: One Third Of Millennials Regret Going To College – Forbes
More and more college graduates are unable to buy their first house due to enormous student loan debt. Also, that they regret their decision to attend college. Your thoughts? Student Loan Problems: One Third Of Millennials Regret Going To College – Forbes.
Apple’s Taxes Expose the Rotten U.S. Code – Bloomberg
Apple merely complied with the Tax Code as written by Congress. To argue that Apple has some other moral duty to pay more taxes is specious as we all arrange our businesses such to pay the least amount of taxes. I love this quote from my tax class. “Anyone may arrange his affairs so that […]
2013 Q1 Breakeven Horizon Expanded to Neighborhood, ZIP Codes | Zillow Real Estate Research
According to Zillow it takes approximately 4.4 years in Spokane to reach the ‘breakeven horizon’ which is how long you’d have to rent before buying makes financial sense. Seattle is 3.6 years. Pretty cool interactive US map. via 2013 Q1 Breakeven Horizon Expanded to Neighborhood, ZIP Codes | Zillow Real Estate Research.
REO, Short Sale Fraud Continue to Evolve
Most mortgage fraud takes place in the short sales and REO space, according to Rob Hagberg, associate director of fraud investigations at Freddie Mac. “This area is ripe with fraud,” he said during a webinar hosted by CoreLogic. via REO, Short Sale Fraud Continue to Evolve.
Returning to the Housing Market After a Short Sale or Foreclosure – US News and World Report
Great article on how to get bank financing for a new house after going thru a prior short sale or foreclosure. Returning to the Housing Market After a Short Sale or Foreclosure – US News and World Report.
Essential Elements of Working With a Business Partner | Entrepreneur.com
Essential Elements of Working With a Business Partner | Entrepreneur.com.
How the IRS defines ‘real estate pro’ | Inman News
For those of you are are ‘real estate professionals’ for IRS tax purposes (which means you get a much greater ability to deduct expenses) then check out this article about a recent Tax Court case where a landlord who personally managed and owned 28 residential properties lost when challenged by the IRS. A great primer […]
Will my Husband’s Business Card Debt Hurt my Credit After Divorce? | Fox Business
Will my Husband's Business Card Debt Hurt my Credit After Divorce? | Fox Business.