Eminent domain is a law that gives the federal, state, county, and municipal governments in the United States the legal right to "condemn" property and then seize it to allow its use for development. Eminent domain is supposed to be used by the … [Continue reading]
The Community Reinvestment Act Explained In Simple Terms
The federal government adopted the Housing and Community Development Act in 1977, and the Community Reinvestment Act (CRA) portion was designed to prompt lending institutions to provide mortgages for low- and moderate-income Americans. The underlying … [Continue reading]
What’s Ahead For Mortgage Rates This Week – July 29th, 2019
Last week's economic reports included readings on sales of new and pre-owned homes and weekly reports on mortgage rates and first-time jobless claims. Realtors® Report Sales of Pre-Owned Homes Fall in June Sales of previously-owned homes fell … [Continue reading]
Innovative Home Security Technology
For market value and the comfort of a home's occupants, home security is just as important as energy-efficiency. Innovation in smart home technology focuses on both of these areas. Here are some tips about things a homeowner can do to make a home … [Continue reading]
The Monopoly Technique – How To Build Value By Acquiring Adjacent Properties
Have you ever played the classic board game called Monopoly? The object of the game is to collect all the properties until one winner bankrupts all the other players. The other part of the game is that accumulating properties adjacent to each other … [Continue reading]
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