Archive for October, 2009
Top 10 Counties For The Highest Property Taxes
Growing up on Long Island, people did not always talk about the weather when starting a conversation with a stranger. More likely it started out with how high the taxes were and how are they gonna screw us next time.
Now looking at a report from the Tax Foundation and being a taxpayer myself, I can [...]
Two Thirds of Landlords Will Lower Rent For Struggling Tenants
If you are renting and money is tight, call your landlord and see if they can give you a reduction. A new survey shows that 69 percent of landlords will be willing to lower the rent for tenants that are struggling if they are asked and the request is legitimate.
Most tenants will not pay [...]
Top 10 Worst Cities For Rats in 2009
You dirty rat, the great Jimmy Cagney line is being heard more and more around town these days. Especially in the 10 cities that d-CON has announced as the worst cities for rat infestations.
Congratulations to El Paso and Washington DC on making it out of the Top 10 list from last year, even though [...]
New Home Sales Down Even With First Time Homebuyers Credit
New Home sales dropped in September as buyers decided this may not be the time to purchase a new home. Single family homes sales were down nationwide by 3.6 percent.
What is interesting is that the National Association of Home Builders used the downturn as a call for Washington to increase the $8,000 new home [...]
WAIT THERES MORE!!! Homebuyers Tax Credit Extension Coming Soon
I knew this would happen. Bad economics combined with suck up politics. The Senate is close to agreeing on an extension of the Homebuyers Tax Credit. But as the late Billy Mays says, WAIT, THERE’S MORE!!!
How about a credit for every homebuyer whose name is not Rockefeller. You don’t need to be a first time [...]
27Oct2009 | Tom Royce | 3 comments | Continued
Top 10 Safest Cities In The United States in 2009
If you are tired of crime and mayhem in your life and you still want to live in a city, we have the Top 10 List for you. Our most popular post every year is the Top 10 Most Dangerous Cities but if I had to spend my money I would rather live in one of these [...]
27Oct2009 | Tom Royce | 4 comments | Continued
Capmark, Formerly GMAC Commercial, Files For Bankruptcy
Capmark Financial Group, formerly GMAC Commercial, has filed for bankruptcy protection after experiencing significant losses in the commercial real estate market. The bankruptcy, while not unexpected, is still a blow to the commercial side of the market.
As we saw in residential real estate, commercial also had it’s bubble and the over-leveraged investors on the commercial [...]
United Nations Investigating New York Housing Situation
Ah, how far we have come. The United Nations is coming to investigate housing in New York City and 5 other cities in the United States. You know, because we may have sub-standard housing.
The United Nations has assigned an official, “a special rapporteur on the right to adequate housing,” to check the city’s affordable housing. [...]
25Oct2009 | Tom Royce | 1 comment | Continued
Real Estate Lobby Participating in Crony Capitalism
I have to admit that I am a big fan of John Stossel but odds are he is not making friends with the real estate lobby these days. He was on the Fox Business Network talking about the Homebuyer Tax Credit and fraud associated with it.
But in the middle of the interview he lambasts [...]
The Other Side – Fraud in New Home Buyers Tax Credit
Earlier this week I lambasted the IRS for announcing that they would be auditing 100,000 applicants for the $8,000 tax credit. I am not a fan of the government creating honey traps and then using them to snare unsuspecting taxpayers with it or using the fear of the IRS to stop people from rightfully claiming [...]
23Oct2009 | Tom Royce | 3 comments | Continued
The pit we've gotten ourselves into just seems to be getting deeper and deeper. Is the government going to end ...
Although I agree on most points, I would like to point out that most of the banks that are being ...
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There is one of the scams 
The question is when are they going to release them on the market. Las Vegas leads the nation in ...
I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
I would like to know more about it. I need to know how you file for it. Please let me ...
Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
