Beware of Summer Rental Scams
Criminals don’t just post fake home sales or apartment rentals online. They also advertise fake summer rentals. Take safety precautions before making a deposit.
Criminals don’t just post fake home sales or apartment rentals online. They also advertise fake summer rentals. Take safety precautions before making a deposit.
In the beginning, phone and video calls build relationships – but once transactions get serious, email creates a searchable archive of the process.
In exchange for that savings, however, buyers accept risks. Adjustable rates reset at a future point, and interest rates could be uncomfortably higher when they do.
Under the “buy low, sell high” theory of investing, some larger single-family landlords see economic downturns as a chance to increase their inventory.
In future smart homes – they already exist – the fridge may order groceries, the dryer could call a repair man, and everything can be controlled from a single location.
The Fed chair had hoped rising interest rates would slow the economy enough to halt inflation – but so far it hasn’t. As a result, bigger rate hikes are expected.