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The Pros and Cons of Buying a House

PennyMac

Mortgage interest and property taxes may be tax deductible. Property taxes and HOA fees are the buyer’s responsibility. Rental insurance is inexpensive. You Pay Property Taxes. You also can deduct your state, local, and property taxes up to a combined $10,000. in your area.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

Inventory 381
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Institutional SFR players are stuck in the doldrums

Housing Wire

Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.

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Why Buy Land for Sale in Ohio in 2022? (7 Reasons)

The Robert Weiler Company

However, compared to 2019, Ohio remained steady at #10 overall and improved from #8 to #2 in the cost of doing business. The most notable startup companies that raised funds to develop their burgeoning businesses in Columbus are: Olive, Path Robotics, CoverMyMeds, Root Insurance, and Forge Biologics. My Ohio Home (OhioHome.org).

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FHA drafts guidance to expand financing on homes with ADUs

Housing Wire

The Federal Housing Administration (FHA) published a new draft version of a Mortgagee Letter (ML) on Thursday that would update the mortgage insurance requirements on single-family homes with accessory dwelling units (ADU). On the West Coast , Seattle saw a 250% ADU construction increase from 2019 to 2022.

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