Now may be an ideal time for you to pay a visit to your friendly local banker.
Not to open an account…but to pry loose some of their toxic defaulted real estate.
Actually, the banking industry is no longer on life support. 
They are enjoying their day in the sun, profiting from spread lending, now that their […]

We may be approaching the bottom in the residential real estate market that has been in free fall since 2006.
If not this year, then sometime in the first half of 2010.
It would be a fool’s errand to try to pick the bottom. 
The margin for error is much more narrow now that the exuberant excess […]

This is a continuation of yesterday’s post, which is a reprint of an article its entirety from the July 7, 2009   SmartMoney.
(Copyright, SmartMoney magazine, July 7, 2009)
6. “I know zilch about zoning.”
Real estate agents love to suggest big ideas to prospective buyers—say, removing trees to enhance a view, or even squeezing a rental unit […]

Here’s another reprinted article its entirety from SmartMoney (though again, we’ve added all the links). With so many people taking advantage of the buyer’s tax credit in real estate, and as a former realtor myself, I thought we could all use a reminder about most real estate brokers we work with.
(Copyright, SmartMoney magazine, July 7, […]

Picking up on our theme of intelligent debt applications, it might help if we examined the ramifications from being a borrower in a world about to be engulfed in inflation.We have just this past year concluded a remarkable bull run in the bond markets, that began in the early 1980s, and finally reached bottom when […]

It’s high time that someone pointed out the perpetual blind spot that most investment professionals…and their clients…overlook.
As any introductory course in accounting will teach you in the first lesson plan…
There are two sides to the balance sheet of any going concern…
…be it a business or a family.
On the left side we list assets, starting […]

Now that we’ve solved the dilemma of funding universal health care, let’s move on to remedy another gaping hole in the tax collecting bucket.
The real estate lobby has enshrined residential real estate as the most sacred and untouchable of all exemptions and deductions.
Some actually make sense to me.  Of course, real estate taxes should be […]

So,  would you like to know how the average person deals with extreme complexity?
Easy…they just tune out.
I spent the weekend shopping for a starter house in Dallas with one of my adultlets…there are just under six months remaining to qualify for the first time buyer’s rebate credit, so we are dealing with a time certain […]