In yet another indication of America’s housing strength, homes with negative equity are falling
The current system, the GOP lawmaker says, “cannot be salvaged”
As real estate agents, the goal is simple: to sell your client’s home for the best possible price. You use all of the tools at your disposal to make a sale, from learning all about the market to fighting to get your client’s asking price met. You work every day to assure that your client’s needs are being met. Unfortunately, your clients might not grant you the same courtesy.
Real estate investors purchase tax lien certificates to collect taxes plus any accrued interest. It is an attractive investment, and many investors can receive a steady income while collecting their investment from property owners during the redemption period. As tax lien holders, real estate investors can receive a high return on their investment, because interest rates that accrue on tax certificates range between 5% and 36%. Many investors consider purchasing tax lien certificates as a potentially profitable investment, because most property owners generally pay the back taxes prior to the expiration of the redemption period.
The National Association of Realtors® today urged Congress and the Administration to develop a broadly-defined Qualified Mortgage (QM) regulation.