National News Stories Affecting Second Homes

76% of Vacation Home Owners Say Now is a Great Time To Buy, But Where? Second Home Hot Spots (Get Ready to be Shocked)

By Candy Evans / September 21, 2011 /

This is a good way to gauge where you should buy your second home if you plan on leasing it to supplement income. As you probably know, the sluggish, morose economy continues to drag down the travel industry: one publication I know ceased their entire travel section due to lack of ads. But there is one segment…

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…

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…

Best Home Squatter Story Ever: The Man Who Paid $16 Bucks for a $330,000 Texas House

By Candy Evans / September 1, 2011 /

I’ve got this over on CandysDirt.com, but will serve it up for you right here, too. This is just too important a story for anyone who’s obsessed with real estate. The Flower Mound house is great, don’t get me wrong, but when I squat, it’s going to be Pebble Beach

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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