Archive for March, 2013

Remember These Real Estate Tax Deductions for 2012

By Troy Corman, As we approach the April 15th tax deadline for 2012 federal income taxes, don’t forget to take advantage of these notable real estate tax deductions. 1. Mortgage interest deduction – it’s estimated that almost 50% of those eligible fail to file this deduction on their tax return. The sum of the mortgage interest you pay on…read more →

Land Values For 2013 – It’s Not Just About Corn | LandThink

See on – Texas Lots and Land As I write this morning, agricultural producers, commodity traders and the agribusiness sector are waiting with bated breath for United State Department of Agriculture’s January crop…   Troy Corman‘s insight: Low interest rates a big driver of farm land values. See on

The Top 7 Dallas Neighborhoods Per D Magazine

1. Parker, Tx Parker, Tx Population: 3,600 Parker, Tx Annual growth since 1990: 5.6% Average Parker, Tx home sales price in 2012: $462,067 Median age of Parker, Tx residents: 40.8 Families with kids under 18: 30.2% Median Parker, Tx household income: $101,786   2. Highland Village, Tx Highland Village, Tx Population: 15,250 Highland Village, Tx Annual growth since 1990: 4% Highland Village, Tx Average home sales price in…read more →

Wealthy Home Buyers Opting for Interest-Only Home Loans.

By Troy Corman, t2 Real Estate While cash purchases of homes has picked up dramatically over the last two years, surprisingly, many wealthy home buyers are now turning to interest-only home loans. The main attraction of jumbo interest-only loans are lower monthly payments. The big drawback for borrowers is that interest-only mortgages do not allow for any equity capture. The…read more →

Encana Corp, Chesapeake Energy Corp sued for alleged land deal …

See on – Lots and Land A major Michigan landowner is suing Chesapeake Energy Corp and Encana Corp, alleging that the two energy giants colluded to rig bids for oil and gas rights in 2010. Troy Corman‘s insight: Government officials don’t much care for colluding. See on

Big Real-Estate Firms Are Going to School – Wall Street Journal

See on – Lots and Land Wall Street Journal Big Real-Estate Firms Are Going to School Wall Street Journal Toll Brothers Inc., best known for its sprawling suburban homes, is purchasing land near the University of Maryland in College Park and Penn State University in State…   Troy Corman‘s insight: Big home builders building student housing in major college…read more →