Life estate

developed their means or purpose of finding a place to stay. Whether its for survival or simply having a shelter, we all wanted something more, a home. A house would be nothing more than a pile of rocks and wood, if you’re not comfortable with it. Real Estate is basically our way of improving our old lifestyle of “survival of the fittest” to a more civilized and modern way of sharing houses, land and even commercial skyscrapers. As we see now, the cliche of seeing people in movies being…

1. Who do you serve? To answer this question, my organization promotes social and economic equity by preserving and enhancing economically and culturally diverse communities through affordable homeownership opportunities, business development, homebuyer services, and community advocacy. For more than a decade, HomeSight has worked with families and people of color, assisting to create over 1,900 homeowners. Generally speaking, they fulfill their mission of “building strong, vibrant communities…

promote multiculturalism and promote the personal agendas of the city. Both Jack Hackworth and Josephine Rekers believe that, “The commercial areas of these neighbourhoods now function increasingly as ways to market each neighbourhood’s residential real estate markets. (Hackworth & Rekers, 2005, p.211)” Although local entrepreneurs are displaced in ethnic enclaves to some extent, the commercial industries in these neighbourhoods use forms of the culture of the ethnic enclaves to attract and…

In America owning your own home is called the “American Dream”. Some may look at it and say, what makes it a dream? Many people look at it as something that is theirs that, relatively speaking, no one can take it away or make them do what they don’t want to do. Owning a home gives some asset to the work you do and money you earn and possible leave something for your family when you pass. However, many others see owning a home as a burden and additional expense and would rather pay rent to…

Author Tutor Course Date Canton Mills Loft Apartment Introduction Canton Mills Loft Apartment is one of the interesting places located in Atlanta. The apartment transformed from Canton Cotton Mill factory that was known to be the largest cotton Mill located in the South (Moore 684). The loft apartment is an important establishment in Atlanta. Incidentally, the apartment not only acts as rentals but as an income generating source for the people in Atlanta as well as the region 's economy. The…

Being the product of a family who struggled financially, and growing up in poverty; home ownership was something wished for, thought about, but not really obtainable. The great housing crash that occurred a few years ago, honestly didn’t affect my life since I have been a renter of my property and never an owner. I saw the reports on the news and saw the “for sale”, “foreclosure”, and “reduced price” signs all over nearby homes, and I thought about the families that lived there and what they…

If you are known as a “boomerang buyer” someone who has lost their last house from a foreclosure after the economy dropped out from under our feet. Now you have steadily put your life back together, including a nice size nest egg, a large savings account and now you are ready to get back into home ownership. How do you become a homeowner when your foreclosure hasn’t dropped off yet? There are a few options for you to consider; rent-to-own, foreclosure forgiveness, FHA loans or hiring a…

Yes, indeed, the real estate and mortgage meltdown did have a crushing impact on the United States economy. No one knows that better than me. During the time of the real estate industry collapse, my husband worked for a company that did marketing for both the real estate and automotive industries – perhaps the two worst industries you could be involved in at that particular time. Within two years, the company went from being on the illustrious Inc Magazine “Top 500 Fastest-Growing Companies” to…

Wow! Rent to Own! It gives the family that has lost their home to foreclosure a second chance to regroup, re-establish credit and potentially take advantage of today 's real estate market, while putting those significant lessons learned into practice. First of all, it 's hard to say that folks in this category have checkered pasts. Sometimes, job loss, illness or other catastrophic event scan thrust families with decades of good financial records into the most dire of circumstances. Savvy…

Buying a new home can a difficult challenge at any time, but buying in a seller’s market makes the challenge even more difficult. Across the country, the supply of new homes on the market is slow and the demand is high, resulting in a position of power for home sellers. Buyers need to be able to adapt and raise their game to compete in a difficult market if they are to purchase the right home. Below is a guide for buyers to rise above the competition in a competitive sellers market. How to…