A Funny Way to Remember When Property Taxes are Due

Private Money Blog | Private Money Loans | Private Money Lenders in California

There are simple things in life that you just never forget. Like tying your shoes and riding a bike.

Then there are those very important things that you should not forget. Like paying your mortgage and property taxes.

Let’s face it and be real with ourselves. Taxes are an ongoing responsibility of real estate ownership and it doesn’t matter whether you have a mortgage loan on your property or you own it free and clear. As the famous Benjamin Franklin so gently put it, taxes are one of those things we simply cannot avoid.

Mailbag: Loans for People with a Previous Bankruptcy, Short Sale, or Foreclosure

Scenario / Question:

“Hello ARC Capital”,

I am trying to find ways to help some of my clients…

Some of my clients are probably ready to buy at this time. Others have had a foreclosure, short sale and /or bankruptcy in the past 1,2,3 years.

I do not know if there is a possibility for them. Could you please help me and my clients get some information and possibilities and/or hope?

Thank you for your attention.”

(Submitted by a real estate agent)

Answer:

How a Woman Got a Loan After Learning Her House Was Built Without Permits

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How to Buy an Investment Property Based on ARV: After-Repair Value

Todd Wilson explains how real estate investors are able to acquire (purchase) a property and finance the costs of the rehab based on the after-repair value. (ARV) This is for short-term real estate deals where the investor will fix up the property and flip it for a quick sale and profit. More From Private Money