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5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Hmmmm, in 2008 one of the biggest fears was that credit markets would dry up causing massive restrictions in banks lending to one another and therefore massive refusals to lend money to us. Real Estate Will Always Have Value. Real Estate Will Always Have Value. Are you snapping up property at low interest rates?

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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned our purchase in the heady days just prior to the recession of 2008/2009. Generate an income stream. We planned to rent out the property and thought it would rent quite a few days of the year.

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Frugal housing.

Finally Frugal

I was questioning whether, with the sad state of the real estate market, throwing money at my second mortgage was really the intelligent thing to do, since I don't know whether I'll ever get that money back (I'm thinking not). I got some really good (and thought provoking) comments on that blog post.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Compared to earlier years, HELOC originations are actually on par with pre-pandemic norms, while home equity originations are actually above the figures recorded between 2008 and 2021. But this slowdown is deceiving. What’s the appeal? Loan specifications Home equity loans generally come with long repayment terms, sometimes up to 30 years.

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7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

She stopped paying income tax on the rare occasions when she did have income and did not pay county real estate taxes. Many people have lost homes since the 2008 downturn, however, a new government program has helped to prevent an enormous increase in homelessness so far. Don’t Pay Your Taxes. billion federal effort.

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Four Promising Solar Stocks For The New Year

Prairie Eco-Thrifter

Despite the enduring post-2008 market quagmire, the latter half of 2012 was an especially strong year for the market. SolarCity’s standing focus is on providing solar infrastructure to a broad range of property- including both commercial and residential real estate.