Heroic Investing
archive.php

housing market

New Software Helps Lenders Avoid QM Rule Penalties

New Software Helps Lenders Avoid QM Rule Penalties


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
To lenders worried about how the Qualified Mortgage Rule will affect mortgage loan liability: never fear, automated assessments are here, as a growing number of software services offer a variety of online tools to help mortgage lenders negotiate the provisions of the QM Rule(s), avoid liability – and...

Read More

The Government Shuts Down – What Happens to Housing?

The Government Shuts Down – What Happens to Housing?


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government sponsored programs – including housing-related...

Read More

The Qualified Mortgage Rule May Help Investors

The Qualified Mortgage Rule May Help Investors


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
The Qualified Mortgage Rule – a piece of the Dodd Frank Act designed to prevent another mortgage meltdown like the one in 2008 – has drawn fire from the mortgage industry and consumer advocates alike. And as we’ve noted before in this space, it offers a mixed message for the housing industry as...

Read More

5 Tips for Success With Student Renters

5 Tips for Success With Student Renters


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
Renting to students used to be a landlord's worst nightmare. All night parties, police raids and trashed properties made anyone except shadier landlords steer clear of college area renters. But as the rental market continues to heat up and demand for properties increases, renting in college towns to...

Read More

No “Septaper” – What’s Next for Housing?

No “Septaper” – What’s Next for Housing?


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
The Federal Reserve’s decision to postpone – indefinitely – the planned taper-down of its massive mortgage securities buyup is good news for the hard-hit housing industry the stimulus plan was designed to help. But even as mortgage interest rates will likely remain relatively low for the near future...

Read More

The Fed Stays the Course on the Stimulus – For Now

The Fed Stays the Course on the Stimulus – For Now


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
Remember “Septaper” – that awful sobriquet for the Federal Reserve’s planned taper down of its asset-buying stimulus plan? After months of hinting that led up to an expected draw down in September 2013, the Fed pulled an about-face, announcing that the plan will roll on at its present levels...

Read More

Online-Only Banking is Growing, But Is It Safe?

Online-Only Banking is Growing, But Is It Safe?


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
Traditional brick and mortar banks give the appearance of security and stability – and for most people, that’s the only place to leave their money. But a new kind of branchless banking is challenging those assumptions, as online only banking slowly but steadily draws customers away from their local...

Read More

More Americans Ditch Citizenship to Live Abroad

More Americans Ditch Citizenship to Live Abroad


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
In the first half of 2013, about 1800 people opted to give up US citizenship. In the second half to date, another 1100 or so have turned in their passports. In view of the country’s overall population, that doesn’t seem like much. But compare those numbers to the 932 recorded for all of 2012 and...

Read More

5 Keys to Keeping Good Renters

5 Keys to Keeping Good Renters


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
Keeping properties rented is the key to building wealth in income property. High turnover in tenants costs money in several ways, from loss of income due to vacancy to the expenditures of preparing a home for rent and advertising for new tenants. In a previous post we brought you a few tips on finding...

Read More

5 Ways to Find Good Renters

5 Ways to Find Good Renters


Notice: Undefined index: p in /home/heroicin/public_html/wp-content/plugins/limit-post-add-on/limit-post.php on line 44
Building wealth with rental property depends on good tenants – stable, long term renters who keep the monthly payments coming and don’t trash the property or create other problems for you and the neighborhood. While it’s easy to just put an ad online or in the paper, though, a landlord/investor...

Read More