Investing in a Rental Turnkey Home: A Hassle-Free Path to Passive Income

Are you considering investing in real estate to generate passive income? Look no further than a rental turnkey home. With its hassle-free nature and potential for cash flow, a turnkey home can be an excellent investment opportunity for landlords. What is a Turnkey Home? A turnkey home refers to a property that is fully renovated, furnished, and ready for immediate occupancy. It requires minimal to…

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Borrowers still not aware of the impact of PMI. Tips to avoid it.

Private mortgage insurance (PMI) is a type of insurance that protects lenders from losses if a borrower defaults on their mortgage loan. PMI is typically required for borrowers who make a down payment of less than 20% of the purchase price of a home. The cost of PMI can vary depending on the borrower’s credit score, loan-to-value (LTV) ratio, and other factors, but it typically…

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21% Think It’s A Good Time To Buy A Home (Only!)

85% instead, think it’s a bad time! Persistently high housing costs could hurt President Joe Biden in the 2024 election, especially among young, liberal voters who have dropped out of the housing market or are struggling with high rents. Some progressive organizers say Biden and Democrats need to do more to address the issue or else they risk losing voter support from key voting blocs,…

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NAR Membership Declines After Lawsuits, Leadership Changes, and Tough Market

The National Association of Realtors (NAR) is facing its first year-over-year decline in membership since 2012 (when it fell under 1,000,000 members), with nearly 6,000 members leaving in November alone. That’s after years of steady growth. Colorado, Washington, D.C., Maryland, and Washington State experienced the biggest drops in membership. That is concerning for an organization that boasts itself as the “nation’s largest trade association.” NAR…

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Big Banks Lobby Against Tougher Regulations, Support Crypto Crackdown

The chief executives of major U.S. banks are contending that banking regulations aimed at strengthening the country’s financial system will instead harm the economy, making credit tough, increasing the costs of mortgage loans and other bank products. During a hearing at the Senate Committee on Banking, Housing and Urban Affairs, Jamie Dimon, CEO of JPMorgan Chase & Co., the largest U.S. bank, urged lawmakers to…

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