The Wealthy Are Still In On Real Estate
According to a recent report, Tiger 21, a large group of wealthy investors with combined net worth in excess of $75 billion, has been increasing it’s holdings in real estate. During the last quarter the share of their portfolios dedicated to real estate has grown 2%. Also of note, the cash on hand by this group has increased drastically in order to have liquid assets available. As seen in the graphic below, the groups largest piece of the pie, making up over a quarter, is in real...Cash-Out Refinancing Loan to Value Reduced to 80%
As of September 1st 2019, the maximum amount available for a cash-out refinance will be decreased to 80% of the homes current market value. Previously the new loan could be equal to 85% of your homes worth. This 5% drop is inherently due to the high levels of cash-out refinance activity in recent years adding to government risk. Ultimately this move by the FHA is aiming to ensure the repeat of the events leading to the last recession are not in...Ben Carson out at HUD at end of term
Ben Carson has decided to leave the department of Housing and Urban Development (HUD) after his first term. He has stated that he will finish out the term but wants to pursue private sector interests. Carson’s service for HUD has been a mixed bag. He launched discrimination investigations against some of the larger online advertising firms. He also proposed some policy changes that on the surface seemed to conflict HUD’s...VA Approved Condos Collier County
Below is a list of VA Approved Condos in Collier County. For an updated list visit the official VA website at https://vip.vba.va.gov/portal/VBAH/VBAHome/condopudsearch VA Approved Condos Collier County Condo Name ID Record Type CARLTON LAKES 001133 Condo COUNTRY MANOR 5 001244 Condo COUNTRY MANOR 8 001263 Condo IRONSTONE AT THE QUARRY 000300 Condo NAUTICA LANDING AT THE QUARRY 000302 Condo TOWNHOMES AT TRAFFORD H11614 Condo VERANDA IV AT CEDAR HAMMOCK 000721 Condo VERANDAS AT TIGER ISLAND III 000404 Condo VISTA I @ HERITAGE BAY H11689 Condo VISTAS III @ HERITAGE BAY H11615 Condo WORLD TENNIS CLUB CONDOMINIU 000723 Condo Source:...Connect With Us
