Tag: realtor.com texas

The Ethics of Asset Protection

dansa

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor is a better partner, parent, and practitioner. White Coat Investor is an affiliate partner of PIMD.

When I first started blogging at The White Coat Investor, I thought I’d be writing frequently about asset protection. It was one of the five or six main topics on the blog. Then I discovered the truth about asset protection what most doctors don’t know: it’s incredibly rare to lose personal assets in a malpractice lawsuit. Being a risk-taker by nature, I quit worrying all that much about it, especially when I realized the majority of my net worth at the time was in retirement accounts that had excellent asset protection from my potential creditors.

I’ve still written about asset protection from time to time on the blog, and I talk about it all the time because the docs are so interested in it. It’s in the WCI Online

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HOW TO THRIVE IN A RECESSION

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As we find ourselves on the brink of an economic downturn, it’s normal to be experiencing a little anxiety. The headlines are dominated by news of job losses, syndication deals not meeting projections, and businesses closing up shops, all painting a pretty grim picture of the financial landscape.

The fear many have in times of economic uncertainty often stems from not knowing the future. However, history has shown that those with the right mindset and strategy can succeed during these downturns. Some even look forward to such challenging times with excitement and optimism.

I believe that as a community, we can do better.

We can choose to face these challenges bravely. The key is not just surviving a recession, but to thrive by having a healthy mindset that embraces challenges and perceives this season not just as a crisis, but as an opportunity.



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1. Recognize the Reality: Embrace the Economic Winter

Last year the GDP showed multiple quarters of negative growth. The last few months have seemed split – tons of negative news and at the same time showing some positive signs (S&P 500 approaching a fresh 52-week high).

To

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Journal Club 05-05-23 – Passive Income MD

dansa

Here’s Journal Club 05-05-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

  • When pursuing Financial Independence or planning for early retirement, most people tend to focus on accumulating wealth, but rarely do they think about ways to access that nest egg. Would you agree? Do you have a plan for how you’d be accessing your assets in retirement? In case you’re looking for some ideas, the Physician on FIRE has valuable guidance for you in the post – Retirement Spending: Which Accounts Come First?
  • Saving for college has always been a tremendous undertaking for most parents, and it only seems to worsen each year. If you’re a parent, you may have already opened a 529 plan for your child. But did you know there are several other creative ways you could implement to save for college? Curious to learn more? The Financial Samurai shares more about it in the article – The Different Ways To Pay For College: My Surprising Blind Spot.
  • Investing in short-term rentals or vacation rentals has grown exponentially in the past few years.
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The Fed Just Jammed Another Wrench Into the Housing Market

dansa

On the precipice of the hotly anticipated spring housing market, the US Federal Reserve just dealt homebuyers another crushing blow.

Jerome Powell, chair of the Federal Reserve, told Congress on Tuesday that more aggressive interest rates might be needed to cool inflation. And while mortgage interest rates are separate from the Fed’s short-term rates, they often follow the same trajectory. Those higher rates have hit homebuyers where it hurts: their budgets.

In response to Powell’s comments, mortgage rates hit 7.03% for 30-year fixed-rate loans on Tuesday afternoon, according to Mortgage News Daily. Those higher rates are in part responsible for today’s buyers paying more than 50% a month in their mortgage payments than they would have a year ago.*

“That’s a boomer for buyers who had their hopes raised that rates would be falling,” says Realtor.com® Chief Economist Danielle Hale. “It’s going to be a more challenging spring than some people were expecting.”

Less than two months ago, there was speculation that rates would fall below 6%. Buyers had returned to the market, and bidding wars had heated up again. But the higher rates could threaten the rebound.

“It will continue to be a damper on how much

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Real Estate Agents vs. Realtors vs. Brokers: What’s the Difference?

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The process of choosing a real estate agent should be a careful one. You want to work with a professional…

The process of choosing a real estate agent should be a careful one. You want to work with a professional who will not only act in your best interest, but will also effectively guide you every step of the way so you feel confident about your home sale or purchase.

But when you’re browsing for potential agents, how do you decipher the differences between a licensed agent, a Realtor and a real estate broker? Does one guarantee you an unmatched level of service, and should you take the title into account when deciding who to work with?

— What real estate agents do.

— What brokers associates are.

— What brokers are.

— What Realtors are.

— Other types of real estate agents.

— What type of real estate agent should you choose?

[Related:How to Find a Real Estate Agent]

If you have trouble understanding the differences between a real estate agent, realtor or broker, don’t worry — you’re not alone.

To help you tell them apart, we’ve broken down the types of licensed real estate professionals based

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US man dies from stroke days after realtor found him but didn’t call for help | North Carolina

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A US family has demanded an investigation after its patriarch reportedly died within days of having a stroke in his home and being found but left on the floor by a real estate agent who never called anyone for help.

Loved ones of the dead man – 69-year-old Randy Vaughan of North Carolina – are raising questions about whether the realtor should have been expected to do more. The state agency that oversees realtors in North Carolina has indicated it is opening an inquiry into the case and is scheduling interviews with Vaughan’s family about his death, the Winston-Salem Journal newspaper reported Friday.

“It’s about basic decency, caring for your fellow human beings and being a professional,” Vaughan’s brother, Doug, said to the Journal.

The realtor, for her part, reportedly told the Journal she has “an attorney involved” and has “no liability”.

According to the Journal, the Vaughans became worried when they didn’t see or hear from Randy on his grandson’s birthday. His daughter, Heather, drove to his home on 14 February and didn’t see his truck in the driveway, so she called authorities to check whether he was at a weekend house along High Rock Lake that he was

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Vermont realtor to be featured on HGTV

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some exciting news for a local real estate agent and our region. Vermont will be featured on HGT- V’s House Hunters. Leland Ryea the third was selected to be the host real estate agent in vermont. The show takes viewers behind the scenes as people search for their dream home. Ryea will be featured on the show… this Thursday night at 1

Vermont realtor to be featured on the HGTV show

An episode of ‘House Hunters’ is set to air this week, featuring a ‘host realtor’ from Vermont

A Vermont real estate agent will appear this week on the HGTV show “House Hunters.”Leland Ryea III was selected to be the host real estate agent for the episode, which was shot in November. The show takes viewers behind the scenes as people search for their dream homes. In a social media post, Ryea III announced the episode would feature spots around Lake Champlain. The episode is set to air on Thursday, April 13, at 10:00 pm

, Vt. —

A Vermont real estate agent will appear this week on the HGTV show “House Hunters.”

Leland Ryea III was selected to be the host real

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Does a Canadian realty price-fixing lawsuit have merit?

dansa

A proposed class-action lawsuit alleges that some of Canada’s largest brokerages and real-estate associations are engaged in price-fixing to inflate Realtor commissions.

Brokerages named in the lawsuit include ReMax, Century 21, and IproRealty Ltd., as well as the Canadian Real Estate Association and the Toronto Regional Real Estate Board.

The lawsuit claims that there is an agreement, among brokerages in the Greater Toronto Area, which applies to any individual listing on the Toronto Multiple Listing Service (MLS).

“When it comes to listing your home for sale, you typically sign an agreement with a listing brokerage,” broker and real estate commentator David Fleming told CTV’s Your Morning on Monday Morning. “You pay a fee and then usually half or some of that fee is offered as an inducement to a buyer’s agent. So this suit is alleging that there is a fix of two and a half per cent, which is what the suit said, that basically forces people to offer that.”

Fleming explained that, on MLS, “you’ll see a lot of two per cent commissions, a lot of half a per cent to one per cent through discount brokerages. There’s a lot that offers one dollar, which is effectively a

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Realtors Around the Country are Quitting – But NOT in Houston!

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Realtors around the country are quitting – but what about here? Cathy Trevino, Chairman of the Board for the Houston Association of Realtors. “We actually added nearly 16,000 members in the last 2 years. We now have a membership of over 50,000 realtors!”

However — she says she’s not surprised that Miami and Los Angeles are particularly hard hits. “Prices in the West- and East-coasts rose a lot higher and quicker than they did in Texas. Because of that we’re seeing more buyers coming to Texas!” Trevino says that the market has changed a lot in the last few months and understands why realtors in other markets could leave the field.

2017 HAR Numbers

Trevino adds: “The beginning of the year we usually see a cleaning out of agents. Some didn’t close the number of transactions they thought they would in the last year.” Case in point: Miami is losing 36% of their agents and Los Angeles is losing 27%.

Here in Houston – Trevino says their membership is at an all-time-high, having added 16 thousand members in the last 2 years.

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