Second homes and the principal residence tax exemption

REM Online

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New Development Spotlight: ESCALA in the Principality of Andorra

Sotheby's International Real Estate

The Principality of Andorra | Andreu Cañadas , Andorra Sotheby’s International Realty. Located in the incomparable natural setting of Sant Miquel d’Engolasters, this exclusive 13-penthouse-unit new development named ESCALA defines the discreet luxury lifestyle in the Principality of Andorra.

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Daily Links: NYC School Principals Ask State to Take Over Amid Botched Reopening

Brownstoner

Crye-Leike Principal Broker Lorie Layman Named Vice Chair of National Medium Board Forum Committee

RIS Media

Principal Broker Lorie Layman of Crye-Leike Real Estate Services was named vice chair of the National Association of REALTORS® (NAR) 2021 Medium Board Forum Committee. The post Crye-Leike Principal Broker Lorie Layman Named Vice Chair of National Medium Board Forum Committee appeared first on RISMedia. More than 100 committees determine NAR’s policy decisions and annual direction, providing a transparent and highly efficient avenue through which America’s 1.4

Sweet Opportunity ~ SW Palatine Street Lots

The Living Room

Buyer Listings Press Sellers Arnold Creek Buildable Lots Close-in excellence Exceptional integrity investment Karim Alaeddine listing agent Opportunity Palatine St Principal Broker Quality Quintessential sellers agent ServiceSW Palatine Street Lots. Arnold Creek Neighborhood.

MLS 52

Beautiful Overlook Bungalow

The Living Room

Bungalow Listings Beautiful Close-in commitment integrity Karim Alaeddine Lisitng Agent nopo Overlook Principal Broker Quintessential sellers sellers agent Service UpdatesBeautiful Overlook Bungalow. 2125 N Humboldt St | Portland, Ore 97217. Offered at $575,000 | ML #20509684. 3 Bedrooms | 2 Bathrooms | 2,234 SF. Beautiful Overlook Bungalow. Covered front porch, brick patio and spacious yard w/natives, trees & garden beds.

Renovated Sunnyside Craftsman

The Living Room

Listings Buckman Chef's Kitchen community craftsman custom Family Room foursquare Front Porch Garage/Shop Hawthorne integrity Karim Alaeddine Principal Broker Quintessential renovated Retreat Bath sellers sellers agent Service sunnyside Updated systems vintageRenovated Sunnyside Craftsman.

SW Palatine Street Lots in Arnold Creek

The Living Room

Buyer Listings Press Sellers Buildable Lots Close-in excellence Exceptional integrity investment Karim Alaeddine listing agent Principal Broker Quality Quintessential sellers agent ServiceSW Palatine Street Lots. Arnold Creek Neighborhood. Lots: R164923 & R164924.

MLS 52

A Neighborhood Favorite Finds an Adorable Bungalow

The Living Room

Buyer buyer buyers buyers agent classic excellence featured first-time homebuyers Listing living room realty modern Portland Portland Oregon portland real estate Principal Broker Real Estate real estate agent realtor seller sellers Service wheres your living room

Classic One-Level Mid Century

The Living Room

Listings Mid-Century 1-level living 50's classic Close-in Dream Hayhurst integrity Karim Alaeddine mid-century Principal Broker Progress sellers sellers agent Service vintageClassic One-Level Mid Century. 9930 SW Marjorie Ln | Beaverton, OR 97008. Offered at $349,900 | ML #20434852.

Renovated Mid-Century in Piedmont

The Living Room

Listings Mid-Century classic Close-in Gorgeous Karim Alaeddine listing agent mid-century Principal Broker Quintessential renovated sellers sellers agent Service TeahouseRenovated Mid-Century in Piedmont. 6920 N Congress Ave | Portland, OR 97217. Offered at $525,000 | ML #20254518.

Classic SE Craftsman

The Living Room

Listings Bungalow Classic SE Close-in craftsman integrity Karim Alaeddine listing agent Principal Broker Quality Quintessential Razzle Dazzle SE PDX SE Portland sellers Service Stellar vintageClassic Southeast Craftsman. 4016 SE Harrison St | Portland, OR 97214.

Work Hard & Be Kind

The Living Room

Congratulations to Maggie and Hoyt! Work hard and be kind really sums up my whole work philosophy, and for that matter, probably my whole LIFE philosophy! It also sums up Hoyt and Maggie! I love working with other hard workers.

Trust + Perseverance = Magic

The Living Room

Buyer Best Portland Realtor Bungalow buyer buyers buyers agent excellence First Time Buyers first-time homebuyers Listing living room realty mid-century Portland Portland Oregon portland real estate Principal Broker Real Estate real estate agent Tracey Henkels

JUST LISTED: Darling Lents Ranch

The Living Room

JUST LISTED: 6134 SE 102ND AVE. 6134 SE 102ND AVE, Portland OR 97266. Offered at $319,000. 3 Bed | 1 Bath | 943 SF | MLS# 20344559 | Taxes: $3319. OPEN HOUSE: Saturday 8/15 11am-1pm. VIDEO TOUR. This well-maintained and inviting one level Ranch is cute as a button and lives large!

MLS 52

Making Magic Happen In A Magnificent Mid-Century Dunthorpe Estate

The Living Room

Buyer Best Portland Realtor buyer buyers buyers agent classic excellence featured Listing living room realty modern Portland Portland Oregon portland real estate Principal Broker Real Estate real estate agent realtor Service Tracey Henkels wheres your living room

Canadian Mortgage Debt Is Soaring, But Payments Fall Over $4 Billion

Better Dwelling

While lenders collected a lot less in payments, almost all of it was principal payments. Whether Canadian real estate owners needed it or not, a lot took a break from paying their mortgages. Statistics Canada (Stat Can) data shows mortgage payments fell in Q2 2020, as many took deferrals. Payments towards interest continued to rise, […]. The post Canadian Mortgage Debt Is Soaring, But Payments Fall Over $4 Billion appeared first on Better Dwelling.

Homeownership Is a Key to Building Wealth

Keeping Current Matters

In a simple equation, the National Association of Realtors (NAR) explains how the combination of paying your mortgage and home price appreciation grow overall wealth: Principal Payments + Price Appreciation Gains = Housing Wealth Gain.

Equity 243

Most Common Sidings On New Homes are Stucco and Vinyl in 2019

Eye on Housing

According to the data from the Census Bureau’s Survey of Construction (SOC), stucco was the most common principal siding material on new single-family homes started in 2019 (27 percent), followed by Vinyl siding (25 percent), fiber cement siding (such as Hardiplank or Hardiboard (21 percent), brick or brick veneer (20 percent).

Real estate tech roundup: CoStar buys Homesnap

Housing Wire

Principal Broker and CEO of Urban District Realty Ryan Fiero said that demand for the product led to the decision to make PROJETO available to more in the industry. Over the weekend, CoStar Group announced that it has agreed to acquire real estate tech company Homesnap.

Loans in forbearance gain after 6 weeks of decline

Housing Wire

million homeowners remain in COVID-19-related forbearance plans representing $751 billion in unpaid principal. After six weeks of steady declines, the number of mortgages in active forbearance rose by 21,000 last week, according to a new report.

Loans 267

Real estate in Bangalore: Current Scenario

Agent Drive

Mumbai and Delhi are the principal cities in the real estate sector. The real estate sector in India is witnessing an accelerated growth for the past few years. The Indian government proclaims that India can potentially attain the target of $5 trillion by the year 2024-2025.

NYC Public Schools to Close Starting Thursday to Combat Second Covid-19 Wave

Brownstoner

The inevitable finally became reality for New York City public schools during the second wave of COVID-19, as Schools Chancellor Richard Carranza informed principals that campuses would close Thursday, November 19, with all classes reverting to online instruction only.

Fannie Mae nearly doubles net income in Q3

Housing Wire

if its multifamily guaranty book based on unpaid principal balance were in forbearance, mostly due to the effects of COVID-19. Fannie Mae reported a net income of $4.2 billion in the third quarter of 2020, up from its net income of $2.5 billion in the second quarter of this year. In the second quarter, Fannie Mae’s earnings fell 26% as fee revenue declined during the slowing pandemic months. However, as the housing market bounced back , so did the mortgage giant’s profits.

John L. Scott Real Estate Joins Forces with Meadows Group, Inc.

RIS Media

The company’s two offices are co-owned by principal brokers Eva Sanders and Heather Adams. . John L. Scott Real Estate has announced the company is joining forces with Portland-based brokerage Meadows Group Inc.

Mortgage rates hit another record low this week

Housing Wire

And that’s the rationale for this change, as the GSEs are shouldering significant risks associated with the pandemic — as the principal risk taker, we have to price that risk appropriately.” The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8%

Real estate on the ballot: Here’s what passed at the state level

Housing Wire

The “yes” vote also means that inherited homes not used as principal residences may be reassessed at market value when transferred. Several state-level real estate initiatives and urban development policies were voted on in the Nov.

Companies with MISMO RON certificate double in three months

Housing Wire

Department of Housing and Urban Development and as the principal executive vice president of Ginnie Mae.

Brokerage uses VR to get consumers inside houses that haven’t been built yet

Housing Wire

Urban District Realty , a Washington, D.C.-based based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet.

For the first time since April, forbearances fall below 3 million

Housing Wire

million homeowners remain in COVID-19-related forbearance plans, representing $614 billion in unpaid principal. After a slight uptick the previous week, mortgages in active forbearance plummeted 18%, marking the first time since mid-April the total number of plans fell below 3 million, Black Knight said in a report on Friday. As of Oct. According to the report, last week’s decline of 649,000 forbearance cases represented the largest single-week drop since the beginning of the pandemic.

What is a Mortgage and How Do They Work?

Redfin

A mortgage loan has 3 components: Principal : The principle is the difference between the home’s final purchase price and the amount of your down payment. When your principal amount is high at the beginning of your loan, most of your monthly payment goes to paying off interest.

CoreLogic stockholders will decide board’s fate on Nov. 17

Housing Wire

Douglas Curling, principal and managing director of New Kent Capital John Dorman, private investor, formerly CEO of Digital Insight Paul Folino, chairman of the board, and former executive chairman at Emulex Corp. On Nov.

Ask RK: 3 strategies to create a tax-deductible mortgage in Canada

Zolo

Q: A reader wants to know if there is any way to convert a principal residence mortgage into tax-deductible debt. . Property A is our principal residence; property B is an investment property. Continue to get a mortgage to purchase your principal residence.

People movers: Notarize, RE/MAX and Planet Home Lending

Housing Wire

Lessinger is a founding principal and broker/owner of RE/MAX Realty in Nevada, having built a team of 130 agents in three offices over the span of 22 years.

A contemporary home in a traditional Toronto community

REM Online

The homeowners love to entertain and wanted the house to reflect that, but they also wanted to create a sanctuary for their family of four,” says Cecconi Simone principal Elaine Cecconi. The following content may have been republished here without the author's permission.