National News Stories Affecting Second Homes

76% of Vacation Home Owners Say Now is the Time to Buy a Second Home — SecondShelters

By Candy Evans / September 22, 2011 /

Vacation homes are now hotter to lease out than hotel rooms! All the deets over on SecondShelters.com, our sister blog (sista sista!).

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This REO is a Doozie: Talk About Strategic Default, the Former Homeowner Even Went to West Point – Dallas Real Estate News

By Candy Evans / September 21, 2011 /

Not totally local Dallas Real Estate news, but the house IS on Mockingbird Lane — in Paradise Valley, Arizona. Paradise Valley is like the Highland Park — no wait, make that Vaquero — of Phoenix.  Paradise Valley is in Maricopa County, home to twelve resorts, and one of Arizona’s top tourist destinations. Very pricey dirt: the median home…

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Six Worst Home Renovations That Will Not Get One Penny More Out of Your Home When You Sell

By Candy Evans / September 20, 2011 /

There is one phrase we are hearing a lot less of these days: “We’ll get it back when we sell the house.” Used to be, you could sink money into your home almost endlessly and rest assured it would come back to you, maybe even at a profit, when you sold. Buyers often have little vision…

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Legal Bonds: Home Equity Lines of Credit May Not Be Your Friend!

By Candy Evans / September 6, 2011 /

Furthering the discussion on whether the credit agencies are using a flawed algorithm to determine our mortgage future, this comment from Dallas bankruptcy attorney Reed Allmand, Allmand Law, deserves its own post. Most homeowners who are underwater on their mortgages got there through home equity loans that Allmand says were used to retire the same type…

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Now That He’s Running For President, Let’s Take a Look at Rick Perry’s Real Estate Deals in the Texas Version of Pebble Beach

By Candy Evans / August 24, 2011 /

I was in Pebble Beach last week, and everyone in California kept asking me about Rick Perry. He is the California Republicans’ hero because of our strong Texas economy. In fact today, I think he’s leading in the polls. While in Cali, I recalled a story I wrote last summer about Perry’s real estate deals,…

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