As a CPA and Realtor, I provide my clients and Real Estates associates insight into both tax issues and market issues impacting our industry.
ARCHIVED BLOG POSTS
In the last two years, we have issued over 1,500 Broker Price Opinions for lenders, asset managers, outsourcers and homeowners. These reports are not appraisals, but rather a licensed real estate broker's opinion of value based on the location, characteristics and condition of a property. Today, ...
"No way!" is the answer I hear from 90% of the people I ask. The other 10% wisely answer that it depends on their interest rate. Here's a simple example. $500,000 mortgage with a 5.5% fixed rate for 30 years = $2,839 monthly payment Let's say prices drop 10%, BUT interest rates go up just 1% ...