Fourth Estate

options especially catered to first time home buyers. If you are unsure of your options, speak with an area real estate professional. Researching is one of the many roads that converge en route to your first dream home.…

The term “rent-seeking” was coined by a man named Gordon Tullock in the late 60’s, then became an expression in 1974, by Anne Krueger. Rent-seeking involves seeking to increase an individual or a business organization’s wealth without creating a new wealth. Attempts to capture regulatory agencies to gain a monopoly can result in positive results for the rent seeker in the market while imposing disadvantages on competitors and the economy. The word “rent-seeking” does not as a refer to a…

If you are thinking about buying a house, you are about to embark on an exciting journey and one that will make a huge impact on your life going forward. Additionally, buying a house will probably be one of the biggest investments you will ever make. Therefore, you should spend some time learning about the process and everything that is involved before you begin, including the home appraisal and the home appraisal cost. Knowing the process and the things you should and shouldn't do when buying a…

factors many home buyers consider. However, three factors are generally considered the most important by real estate agents: price, type of home, and location. Price One of the first things a home buyer should consider is the price of the property. If you go out looking at available homes, you will find properties in just about any price range you can name, from million dollar estates all the way down to empty lots selling for a few…

For our civic engagement project for the Redefining Leadership class, my group, Stephanie, Hailee, Christina, and I, decided to volunteer at the Ronald McDonald House in New Haven, Connecticut on a Thursday. Before we got there, we did not know what to expect, but afterwards, we truly felt grateful that we helped out a great cause. The Ronald McDonald House is a charity house that keeps families close to their family members that are being treated at a nearby hospital. We spoke with someone who…

Texas Commercial Lease Agreement Texas Commercial Lease Agreement is a legal document to govern the lease transaction of the property within the Texas State. The lease agreement is binding on both the lesser and the lessee. This 20 page document template comprises of directives of using the property within the allotted lease period. Furthermore, it directs the code of conduct for both the lesser and the lessee under various situations and conditions. Texas Commercial Lease Agreement has 20…

There is a home for sale in my area that is the price at 250,000 with 4 bedrooms, 2.5 baths, and 2,007 sq.ft @ $102/sq.Ft, single-family house, built in 2003 with a lot size of 7,841. The homes in my area are priced between $100,000-$460,000, and the interest rates range any from 3.036-4.176 APR. The property tax assessment ratios are around 4% and the mileage rate .100%, so If you wanted to find out the property tax on a residential property, you would multiply that the appraise value by the 4%…

The threshold figure which represents percentage of household income spent on shelter which is 30% or more for their house. According to Walks article on ‘Homelessness, housing Affordability, and the New Poverty’ suggest that there are several low- income families facing housing affordability stress. At a time where we’d think that the economy is holding and people should be generating enough income to put towards their housing, mortgage, utilities, and property taxes that is not the case. A…

Habitat for Humanity Self-Reflection Assignment The organization that I chose to complete my hours was with Habitat for Humanity. Habitat for Humanity is about helping to build decent, safe and affordable housing, which include houses for single families and multi-unit houses (Habitat for Humanity, 2018).Habitat for Humanity's mission is to build affordable housing for families who are financially unstable, they also have a statement that truly reflects on what Habitat, "Seeking to put God's…

a) The two basic divisions of property are real property and personal property. “Real property law applies to ownership to land and interests in land such as mining rights or leases. Personal property is all other types of resources that are protected under the law, another way of putting it, they are moveable resources” (Reed, 2013 p.199). Personal property can be divided into tangible and intangible resources. Tangible resources are items that you can actually touch, where intangible…