Real Estate Blog, Mortgage, and Development News
Today is Tuesday, December 02nd, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The use of ground rents is one that comes to us from colonial America. They are land leases for the land that homes are built on, originating from grants given to aristocrats from the English Royalty. Now some individuals [...]
11Dec2006 | Tom Royce | 1 comment | ContinuedWhile as consumers and real estate professionals we participate in the open market. If money is tight, we go from steak to macaroni and cheese as we say in our household. But when you are the government, very, very rarely do you ever lower your spending. And with the real estate boom these same governments ramped [...]
8Dec2006 | Tom Royce | 2 comments | ContinuedIt is amazing how dense politicians can be with your money. The Florida State Governments is surprised that real estate tax reciepts are lower than last year. To put my intellectual hat on, all I can say is well duh…
Florida, your state was infected with flippers and speculators for the past 5 years driving property [...]
Southern Florida is feeling it now, soon many other regions are going to be having to face another dangerous entity. The local governments and their taxing authorities. An honest person would think that in the face of 60 percent appreciation in real estate values, taxes would correspondingly go down as a portion of the property [...]
29Aug2006 | Tom Royce | 0 comments | ContinuedFirst the real estate agents are getting nervous that their sales are lower and thus their commissions are lower. Now the state of New Hampshire is concerned because their tax revenue will be down. They collect a tax of the sale of property in the state and those reciepts are running 10 percent below the [...]
23Aug2006 | Tom Royce | 2 comments | Continued