Houses for rent open house

When the housing crisis sent the American economy to the brink of disaster in 2008, millions of people lost their homes. The banking system had failed homeowners and their families. New investors soon swept in — mainly private equity firms — promising to do better. But some of these new investors are repeating the mistakes that banks committed throughout the housing crisis, an investigation by The New York Times has found. They are quickly foreclosing on homeowners. They are losing families’ mortgage paperwork, much as the banks did. And many of these practices were enabled by the federal government, which sold tens of thousands of discounted mortgages to private equity investors, while making few demands on how they treated struggling homeowners. The rising importance of private equity in the housing market is one of the most consequential transformations of the post-crisis American financial landscape. A home, after all, is the single largest investment most families will … [Read more...] about How Housing’s New Players Spiraled Into Banks’ Old Mistakes

A senior official in the White House says President Joe Biden’s immigration policy is intended to fill new jobs in government spending programs, high-tech firms, and a growing economy. “We are creating new jobs this year as we’re breaking ground on key infrastructure projects under the President’s bipartisan infrastructure law , the CHIPS and Science Act , [and] new green jobs as we implement the Inflation Reduction Act ,” said Katie Tobin, the senior director for transborder security on the National Security Council, adding : As our economy grows, we need workers that we just don’t have enough of. So it is in our interest to bring people in and to stay competitive globally. “In closing,” Tobin said on May 15, “the Biden-Harris administration appreciates both the moral responsibility and the strategic opportunity that migration presents — it’s at the heart of our domestic and our foreign policy agendas.” Tobin’s stealth policy of government-accelerated economic … [Read more...] about White House Official: Biden’s Migration Is an Economic Strategy

President Joe Biden’s open borders policy is wrecking poor countries by extracting their young people and enriching their criminals, says GOP Sen. Marco Rubio (R-Fla). “For all the Biden administration’s talk of wanting to help stabilize poorer nations so their citizens don’t want to leave, the administration’s policies are doing just the opposite,” Rubio said in a May 25 op-ed . He continued: Luring [migrant] people away from their homes with political promises and fueling cartel industries are making things worse in Mexico, Guatemala and beyond. And yes, it is making things worse in the U.S. as well. What kind of world do we want to leave to our children? One with an increasingly large and increasingly desperate pool of would-be migrants? Or one in which people do not feel the need to flee their communities for a better life elsewhere? The latter sounds a lot better than the former to me. But we will not reach it unless we secure the border. Biden’s migration policies are … [Read more...] about Marco Rubio: Joe Biden’s Open Borders Damages Other Nations

0 Real Estate Three-bedroom, 2.5-bath house is two blocks from 'The Avenue.' Mary Ann Barton , Patch Staff Posted Reply This week’s Del Ray “WOW” house is located at 2211 Commonwealth Ave. The home features three bedrooms and 2.5 baths. Here’s more about this special property: 3 bedrooms, 2.5 bath home two blocks to “The Avenue.” Open and bright, this home has it all-new kitchen, updated appliances, main floor master suite, separate office on main level to work from home, lower level finished family room, 2nd floor study, large private rear deck and off street parking. Enjoy all that Del Ray has to offer! Fully furnished. Interested? This home is for rent for $3,300 per month. For more information and photos visit Zillow.com. Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts. Thank Reply … [Read more...] about Del Ray ‘WOW’ House: Main Floor Master Suite

GOLDEN, Colo. — When Sarah Clement moved to the Golden Hills mobile home park two years ago, she felt like she had won the lottery. After years of squeezing into one-bedroom apartments with her, her 7-year-old son finally settled into his own bedroom, his toys splayed out in the yard and his school just at the edge of the park. Ms. Clement loved the friendliness of her neighbors and getting to watch the sun rise over the scrubby mesa to her east and set behind the foothills of the Rocky Mountains to the west. And living there was affordable on her salary as an athletic trainer: After purchasing the manufactured home, the rent for the plot it sits on was just $625 a month. But just six months after she moved in, the plot of land and all of the stability and comfort that came with it seemed suddenly ripped out from under her. The Colorado couple that owned the park for years had put it up for sale. Ms. Clement and her neighbors knew that if the park was taken over by one of the big … [Read more...] about Investors Are Buying Mobile Home Parks. Residents Are Paying a Price.

“Don’t get too hung up on appearances,” Frank Rolfe reminded us as our tour bus made its way to the first of several trailer parks we would visit on a bright Saturday afternoon in Southern California. “Remember, you don’t have to live in these homes.” It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business. Seventy-five or so students had signed up for the class, which Rolfe offers every other month in different places around the country. Most of the enrollees weren’t real estate speculators; they were jittery members of a hard-pressed middle class. They were nervous about retirement. Or they were worried about their jobs moving overseas. Or they were making $100,000 a year, maybe even $200,000, but felt the need to earn more. All of them, though, had somehow come to see the lowly mobile home as their vehicle to financial freedom. “It’s about self-preservation,” one 42-year-old attendee told me. He had flown down … [Read more...] about The Cold, Hard Lessons of Mobile Home U.