Word: selling
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
From the front lines of the Great American Housing Bust: people who want to sell their houses but can't are turning their homes into rentals. Yes, there are early signs that home sales are steadying and prices are picking up, but some owners have been waiting for years to sell - to move to new towns, to better jobs - and simply can't hold out any longer. Their solution is to pack the old place with tenants and no longer be trapped by an unsalable property...
Indeed, life as an Accidental Landlord is often far from being a cakewalk. "Nationwide, it's happening all over, but most people don't realize what they're getting themselves into," says John Nuzzolese, president of the Landlord Protection Agency. If you can't sell your place, is renting it out really worth it? Here's a run-down of things to consider, and steps to take if you decide to push forward...
...country the rental market is soft too - thanks in part to shadow inventory like houses from Accidental Landlords. If you're paying $1,500 a month on your mortgage but can only rent it for $1,000, is renting the right solution? It could make more sense to sell the house at a loss, especially considering that rent proceeds are taxed as income. "Sit down with a calculator and really do the numbers," says John Yoegel, a real estate instructor and author of Surprise! You're a Landlord: A Guide to Renting Your Home When You Didn't Expect...
...Baucus expressed some flexibility with regard to his proposal to impose a 35% excise tax on insurers who sell "gold-plated" insurance policies - a levy insurance companies say they would be forced to pass on to their customers. Under the bill as it is currently written, that tax would kick in on plans that cost more than $8,000 for individuals and $21,000 for families. Health-policy experts say an excise tax could help curb health spending overall by discouraging the purchase of lavish plans that lead to overuse of the health-care system. The levy would also raise...
After months of anticipation and blown deadlines, Senate Finance Committee chairman Max Baucus on Wednesday finally unveiled his bill to overhaul the nation's health-care system. The Montana Democrat did his best to sell the controversial proposal, stressing that it was largely in line with the principles laid out last week by President Barack Obama: it has a 10-year price tag of less than $900 billion, doesn't add to the deficit and includes a mechanism to ensure that those with pre-existing conditions can't be denied coverage. But Baucus' relentlessly positive spin couldn't change...