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What can I afford? A family in need of more space considers their options for upgrading

Space is a precious commodity in New York City, particularly for the parents of young children, and as families grow it can be a major hurdle to find (and afford) the room to accommodate them. Samantha (whose name we've changed to protect her privacy) and her husband, the parents of a four-year-old and a one-year-old, currently own a two-bedroom, one-bath co-op on the Upper East Side , and are wondering whether it's time to move to a larger home.  "We are unsure about the prospect of our next move and whether it would be worth it to move to a rental or buy again, considering the increase in space we need," Samantha says. The couple would ideally like to find a three- bedroom apartment close to a park, in a building with a live-in super or doorman, though a two-bedroom with a separate dining room could work, too. Because of their children, they prefer a building with an elevator, or a first-floor apartment; transit-wise, they're looking for a commute to their job...

Owners of Ann Arbor's Hidden Valley Club apartments seek to avoid foreclosure on $18 million CMBS debt

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Lon Horwedel | AnnArbor.com Ann Arbor’s Hidden Valley Club apartment complex is a local example of a $ 70 billion national real estate problem : Securitized commercial loans that are in default. A foreclosure notice on the 324-unit complex near Briarwood was filed in late April, despite months of ongoing conversations initiated by the owner to modify the loan. The loan itself - which totals $18.1 million - is complicated, since it’s one among billions in real estate investments that were repackaged and sold to Wall Street investors during years of peak real estate prices . So are the circumstances behind the loan default, said Hidden Valley Club co- owner Jeff Starman . The most obvious is the drop in the property’s value as rental rates fell below levels to cover loan payments . Other factors include a national real estate climate in which banking consolidations after the lending crisis and the sheer volume of properties in securitized loans - known as Commercial Mortgage B...

Housing on a budget: how does a single-income or low-income family find affordable housing with rising housing prices in Alaska?

It is one of the necessities in life, finding shelter. But who actually enjoys taking the time to search all over town for a perfect place that mandatorily fits into a budget? Anchorage isn't exactly the most expensive city around, but it's certainly not the cheapest. In a search for almost anything these days, most will likely turn to everybody's favorite modern resource , the Internet. Unfortunately, the online listing for Anchorage apartments is slim, and the information available for those apartments is even more feeble. The best and probably most accurate aid in an apartment search is an Apartment Finder catalogue , the small, detailed pamphlets found all over town in stores like the local supermarket and other retailers. The Apartment Finder names a variety of complexes citywide, lists apartments within most everyone's budget, and even provides maps for easy directions. And it can be acquired for every consumer's favorite cost: p...