DEAR BENNY: I own a rental property in Florida. I recently received from my tenant, through an attorney, a letter that claims to terminate my lease pursuant to Florida Statute 83.682. This statute (relating to military personnel) certainly took me ...Read More »
In recent weeks, there has been a noticeable drop in home sales in certain areas. This has raised the level of concern of many consumers who think this is a trend that might spark another major downturn in the real ...Read More »
DEAR MR. BERKO: I used my entire savings account to buy 387 shares of Piedmont Natural Gas at $12 in 1988 after attending your talk on the stock market about buying only stocks that pay increasing dividends. So after ...
Tagged with: Agnico-Eagle Mines Alliant Energy Aqua American divident reinvestment plan Dominion Resources First Financial Commonwealth Health Care Realty Trust Independent Bank Corp. Malcolm Berko NextEra Energy Piedmont Natural Gas South Jersey IndustriesRead More »
DEAR BENNY: I have a house and some savings. My married sister is 66 years old and retired and her husband is unemployed, but they own a condo worth about $35,000, living off her Social Security and his small inheritance. ...Read More »
DEAR BENNY: My parents gave their house to me and my three sisters in 1997. They purchased the home in 1965. They set up a life estate. Unfortunately my father passed and my mother is in assisted living. She will ...Read More »
DEAR MR. BERKO: In January of 2012, you recommended a bank stock called Synovus Financial, which was trading at $1.47 a share. I studied this stock for three days and did my research on it and read their financial reports ...Read More »
Strong increases in both single-family and multifamily starts raised our nationwide housing production 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the Department of Housing and Urban Development and the ...
Tagged with: David Crowe Department of Housing and Urban Development Fannie Mae Federal Housing Finance Agency Freddie Mac Jim Woodard MSM Market Trends National Association of Home Builders November 2013 Zillow Report Real Trends rick judson U.S. Census Bureau Zillow Home Value IndexRead More »
DEAR BENNY: I am at my wit’s end. This is a long story so please bear with me. (Note: For brevity’s sake, I am summarizing: Peter appealed his real estate tax assessment, but first the county got it wrong, and ...Read More »
DEAR MR. BERKO: I researched then purchased 1,000 shares of Quest Diagnostics a year ago at $64.30. And while the stock market has gone up a lot, my Quest stock has fallen in price. I’ve been thinking for several months ...Read More »
The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking jumbo mortgages for their portfolios, has created a situation in ...
Tagged with: Bill Banfield conventional loan Fannie Mae Federal Housing Administration Federal Housing Finance Agency Freddie Mac interest rate Jim Woodard jumbo mortgage Mutual Mortgage Insurance Fund NAtional Mortgage NEws Quicken Loans real estate websiteRead More »