Is the U.S. shifting from a nation of homeowners (and aspiring homeowners) to a nation of long-term renters? It may depend on your perspective of homeownership. Homeownership has been trending down, while renters are snapping up vacant properties. In fact, according to the U.S. Census Bureau, homeownership may be at its lowest rate since the [...]
Do you have noise issues with rotten neighbors? How to deal with neighbor issues in a homeowner's association. Q: I borrowed your book for first-time home buyers from the library a few years ago. I need to read it again and this time I’ll buy it. But in the meantime, I’m hoping you can answer [...]
Refinancing a rental property or an upside down mortgage? Options for refinancing an underwater mortgage. Q: We received an invitation from a loan company to refinance a rental home we own. Our current lender is in partnership with this company. The interest rate on our current loan is 6.25 percent with about 22 years left [...]
When dealing with tenant problems, you should first review the lease document to determine if they have violated a lease term. Q: My parents own two apartments in the same building in San Antonio. I recently moved into one of them but the other one was leased until September 2012. My father had some items [...]
