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If member approval is required to do what you describe, the board must follow the dictates of the vote. If the vote was advisory only, the board could go a different direction but that clearly would invite well deserved challenge from the member majority who expressed their preference. Smart boards would not do such a thing.
Posted: December 13, 2017, 11:59 am
It is my strong belief that homeowners -- of any age -- should make use of the equity they have gained from their real estate investments. As this column has suggested in the past, there are too many retired persons who are 'house rich and cash poor.' Hopefully, your house will appreciate in the future, and this appreciation will continue whether you have equity or not in the home. Thus, for all practical purposes, that equity is 'dead equity.'
Posted: December 13, 2017, 11:59 am

Inman

Real Estate News for Realtors and Brokers

Peggy Lyn Speicher will speak during her session entitled, "Empowered agent: How the broker's role is changing," at Indie Broker Summit on Monday, January 22, 2018, at the Marriott Marquis Hotel, Times Square
Author: Matthew Shadbolt
Posted: December 13, 2017, 11:42 pm
As expected, the Fed raised the overnight cost of money by 0.25 percent to a band of 1.25 percent-1.50 percent. The immediate response in long-term bond and mortgage markets was down. Slightly, but down
Author: Lou Barnes
Posted: December 13, 2017, 8:46 pm
Nic will speak at Hacker Connect during the session, "New ways of using APIs and alternatives such as GraphQL," on Monday, January 22, 2018, at the Marriott Marquis Hotel in Times Square
Author: Matthew Shadbolt
Posted: December 13, 2017, 8:34 pm
A compilation of responses on the Federal Reserve's announcement to increase interest rates today
Author: Inman
Posted: December 13, 2017, 7:44 pm
Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen Thursday announced a modest benchmark interest rate hike to 1.25 percent-1.50 percent, a move widely perceived as a reflection of confidence in the economy. This is the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in
Author: Jotham Sederstrom
Posted: December 13, 2017, 7:16 pm
San Diego-based real estate agent Lauren Taylor, a proud Navy wife, serves a special homebuyer niche -- military families relocating to Southern California who must find a home at a moment's notice. The challenge of helping her clients view a large number of homes in a short amount of time led her to conceptualize and launch a virtual reality technology platform, Savvy Homes Portal, to show properties from a distance
Author: Marian McPherson
Posted: December 13, 2017, 6:53 pm
Details of what the new unified bill contains haven't yet been publicized, and there were matters of enormous contention for real estate
Author: Carl Franzen
Posted: December 13, 2017, 6:03 pm
Andrew Gowasack will speak at Hacker Connect on Monday, January 22, 2018, at the Marriott Marquis Hotel in Times Square on "Authentication game changers: biometrics, fingerprints and other technologies."
Author: Matthew Shadbolt
Posted: December 13, 2017, 4:41 pm
All the latest real estate market news
Author: Inman
Posted: December 13, 2017, 3:07 pm
Zenplace is a Silicon Valley-based property management company that developed an automated apartment tour service allowing prospective tenants to see units without an agent physically present
Author: Craig C. Rowe
Posted: December 13, 2017, 11:00 am
With the holiday’s right around the corner, gift shopping for family and friends can quickly become overwhelming. Throw gifts for clients into the mix, and you can find yourself at a complete loss for what to buy
Author: David Stroh
Posted: December 13, 2017, 10:45 am
Bitcoin has been front and center in the headlines over the past week. It's a cryptocurrency that exists purely in digital form and has been steadily gaining popularity since its inception in
Author: Paul Benson
Posted: December 13, 2017, 10:30 am
You’ve probably heard this as often as I have. It was one of the first pieces of “advice” I received regarding working with homebuyers: “No mortgage pre-approval letter, no showings.”
Author: Adam Yera
Posted: December 13, 2017, 10:15 am
When buyers find the home they've been looking for, they excitedly place an offer. However, sellers can always counter, and then negotiations start -- the buyers are hoping to lock down their dream house, and the sellers want top dollar for their home. 
Author: Desare Kohn-Laski
Posted: December 13, 2017, 10:00 am
Now that Congressional lawmakers are in the midst of reconciling the different version of the tax reform bill, NAR is hoping that there is still time
Author: Carl Franzen
Posted: December 13, 2017, 12:19 am
In 2017, home values on average went in only one direction: up -- and there's more growth yet to come
Author: Marian McPherson
Posted: December 13, 2017, 12:02 am
The members of Coldwell Banker’s Team Diva Real Estate from Seattle have built a solid business over the years using much of what they’ve learned and heard at Inman Connect.
Author: Matthew Shadbolt
Posted: December 12, 2017, 11:22 pm
The brainchild of visionary owner Klaus Kastbjerg and Arcgency’s architect/master builder Mads Møller, TheKrane is a one-room hotel for two that reflects Denmark’s less-is-more stance on luxury
Author: Dani Vanderboegh
Posted: December 12, 2017, 10:26 pm

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