Continue Reading Add comment February 27th, 2009
The Obama administration plans to tap the rich to help pay for its ambitious programs. Specifically, that will include slashing mortgage interest deductions for high-income taxpayers. Read more »
Continue Reading Add comment February 27th, 2009
You’d think that a home buyer who put down a deposit of $1 million would be pretty much locked into a purchase, even in the toughest circumstances. But, as The New York Times reports today, buyers in Manhattan’s expensive condo market are having second thoughts about properties they agreed to buy before the financial crisis. Buyers are leaving deposits of hundreds of thousands of dollars to more than $1 million on the table, the article says.
Even more surprising, some of the buyers who abandoned their massive deposits are back in the market, looking for better deals elsewhere.
Continue Reading Add comment February 27th, 2009
Do you dread going into the cellar during a hard rain? You just know you’re going to see puddles on the floor or get a sneezing fit from the musty air. A wet basement - a problem that plagues about 60% of homeowners, according to the American Society of Home Inspectors - is not a situation to ignore. Read more »
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