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I have never seen Florida this down. I work for a company based out of Florida. We do high value insurance inspections and our volume has dropped due to the real estate market. Hopefully this is a sign of good things to come for us.

Rental rates have dropped slightly but have been holding steady over the past few months. As people were forced out due to foreclosure, rental demands have increased which has helped to stabilize the prices.

Your homeowners insurance will cover the structure and any damage resulting from a break-in or vandalism. Renters should be required to carry renters insurance which covered their personal possessions. Insurance company coverage varies from company to company so it is advised to speak with an...

Thanks for the info. I have a lot of visitors from Canada to my sites requesting information on waterfront homes in Canada. I'll send them your way next time.

I agree. The time issue is the kicker here. Had it been just a couple of months you may have a claim. I would still discuss it with a real estate attorney. Most offer a no cost consult. You may have to either hold on to it, or cut your losses and get out.

Have you tried a buyers agent? They work directly for you and represent your interests.

I don;t reside in Detroit, but I can tell you that investing in section 8 housing requires a lot of attention. Sure you are getting paid a portion from section 8, but these houses are usually have been lacking maintenance and will likely require more supervision. We used to do monthly...

Another problem we are facing is that as these homeowners move to these suburban areas, there are fewer people moving in. Many larger cities are facing is budgetary problems as a result. As people move out of expensive urban housing and into more moderate suburban housing, large cities are...

You can get a lot of house for your money in the South. Where do you currently reside? Managing a rental property in an area you do not live in can be difficult. Like everything else, rental rates are down as well right now and managing a rental property from a distance may require you to hire a...