{"id":17650,"date":"2020-12-28T07:32:49","date_gmt":"2020-12-28T14:32:49","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17650"},"modified":"2020-12-28T07:49:41","modified_gmt":"2020-12-28T14:49:41","slug":"overnight-news-whats-hypothecation-its-how-you-turn-a-detached-apartment-in-a-single-family-residence","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17650\/overnight-news-whats-hypothecation-its-how-you-turn-a-detached-apartment-in-a-single-family-residence\/","title":{"rendered":"Overnight News: What\u2019s hypothecation? It\u2019s how you turn a detached apartment into a single-family residence."},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"Ya think it's easy?\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cStacked doghouses are not a favela \u2013 and favelas should not be hypothecated,\u00a0anyway.\u201d<\/p><\/div>Brian Brady fingered the link on brand new rental communities pitching detached apartments as SFRs for lease.<\/p>\n<p>We have these in Phoenix, too, though I have never toured them. They look to be 1,200sf homes on 1,400sf parcels \u2013 except of course they aren&#8217;t parcels \u2013 yet.<\/p>\n<p>When the market soared the last time, we saw hundreds of apartment communities file public reports to become condominium communities, instead. Whatever else cheap mortgage money means, it means that Wall Street is betting against dirt.<\/p>\n<p>That suggests to me that the tiny houses on tiny lots will soon become condominium plats, thus subject to hypothecation \u2013 mortgage financing. The smaller the homestead, the greater the greater-fool? So it would seem&#8230;<\/p>\n<p><strong>Christmas Brutality:<\/strong> <a href=\"http:\/\/selfadoration.com\/the-true-story-of-christmas-joseph-didnt-dump-the-baby-and-ditch-mary\/10301\" target=\"_blank\" rel=\"noopener noreferrer\">The <em>true<\/em> story of Christmas? Joseph didn\u2019t dump the baby and ditch Mary.<\/a><\/p>\n<p>Beyond Bethlehem:<\/p>\n<p><strong>The Epoch Times:<\/strong> <a href=\"https:\/\/www.theepochtimes.com\/trump-signs-2-3-trillion-spending-bill-says-more-money-to-come_3634156.html?utm_source=news&#038;utm_medium=email&#038;utm_campaign=breaking-2020-12-27-5\" target=\"_blank\" rel=\"noopener noreferrer\">Trump Signs $2.3 Trillion Relief and Spending Bill, Says More Money to Come.<\/a> I am told this is more 4D chess. It had better be.<\/p>\n<p><strong>The Palm Beach Post:<\/strong> <a href=\"https:\/\/www.palmbeachpost.com\/story\/business\/2020\/12\/16\/new-houses-rent-instead-sale-growing-florida\/3907001001\/\" target=\"_blank\" rel=\"noopener noreferrer\">Housing market trend heading to Florida: Single-family homes to rent, not buy.<\/a><\/p>\n<p><strong>Calculated Risk:<\/strong> <a href=\"https:\/\/www.calculatedriskblog.com\/2020\/12\/ten-economic-questions-for-2021.html\" target=\"_blank\" rel=\"noopener noreferrer\">Ten Economic Questions for 2021.<\/a><\/p>\n<p><strong>Monica Showalter:<\/strong> <a href=\"https:\/\/www.americanthinker.com\/blog\/2020\/12\/trouble_for_democrats_rebellion_in_the_california_suburbs.html?fbclid=IwAR1MnopwLYIigPzDVMsSMMx4qMvUMZBASi9HbDax_N-8hw881kU9wultjiM\" target=\"_blank\" rel=\"noopener noreferrer\">Trouble for Democrats: Rebellion in the California suburbs.<\/a><\/p>\n<p><strong>David Marcus:<\/strong> <a href=\"https:\/\/thefederalist.com\/2020\/12\/28\/dr-fauci-admits-he-has-treated-the-american-people-like-children\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dr. Fauci Admits He Has Treated The American People Like Children.<\/a><\/p>\n<p><strong>The Hill:<\/strong> <a href=\"https:\/\/thehill.com\/homenews\/senate\/531445-five-gop-senators-to-watch-in-next-months-electoral-college-fight\" target=\"_blank\" rel=\"noopener noreferrer\">Five GOP senators to watch in next month&#8217;s Electoral College fight.<\/a><\/p>\n<p><strong>American Greatness:<\/strong> <a href=\"Five GOP senators to watch in next month's Electoral College fight\" target=\"_blank\" rel=\"noopener noreferrer\">An Essential Man: In this climactic battle of our decades-long culture war, we need to win \u2013 or be prepared to lose in ways beyond imagining.<\/a><\/p>\n<p><strong>John Daniel Davidson:<\/strong> <a href=\"https:\/\/thefederalist.com\/2020\/12\/28\/5-big-things-we-learned-about-our-elites-in-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">5 Big Things We Learned About Our Elites In 2020.<\/a><\/p>\n<p><strong>Jeffrey Lord:<\/strong> <a href=\"https:\/\/www.newsbusters.org\/blogs\/nb\/jeffrey-lord\/2020\/12\/26\/soviet-style-media-propaganda-america\" target=\"_blank\" rel=\"noopener noreferrer\">Soviet-Style Media Propaganda in America.<\/a><\/p>\n<p><strong>Andrea Widburg:<\/strong> <a href=\"https:\/\/www.americanthinker.com\/blog\/2020\/12\/an_18yearold_boys_terrible_revenge_on_a_girl_who_never_harmed_him.html\" target=\"_blank\" rel=\"noopener noreferrer\">An 18-year-old boy&#8217;s terrible revenge on a girl who never harmed him.<\/a><\/p>\n<p><strong>City Journal:<\/strong> <a href=\"https:\/\/www.city-journal.org\/self-censorship\" target=\"_blank\" rel=\"noopener noreferrer\">Tell Only Lies: Americans are increasingly afraid to express themselves honestly.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cStacked doghouses are not a favela \u2013 and favelas should not be hypothecated,\u00a0anyway.\u201dBrian Brady fingered the link on brand new rental communities pitching detached apartments as SFRs for lease. We have these in Phoenix, too, though I have never toured them. They look to be 1,200sf homes on 1,400sf parcels \u2013 except of course they [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-17650","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":18,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18\/here-come-the-condo-conversions\/","url_meta":{"origin":17650,"position":0},"title":"Here come the condo conversions&#8230;","author":"Odysseus","date":"December 2, 2005","format":false,"excerpt":"The West Valley sections of the Arizona Republic ran this story on the expected surge in apartment-to-condominium conversions on the same day they ran my column predicting just that outcome. They said:Condominium conversions are happening all over the Valley, with new projects in Glendale, Phoenix, Chandler and Scottsdale. Real-estate brokerage\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1634,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1634\/mgmmirages-citycenter-in-pictures\/","url_meta":{"origin":17650,"position":1},"title":"MGM\/Mirage&#8217;s CityCenter in pictures","author":"Greg Swann","date":"July 4, 2007","format":false,"excerpt":"I have written in the past about CityCenter, MGM\/Mirage's seven billion dollar city within the city of Las Vegas -- and I'll write more when I get back to my Macintosh. But here are some photos we shot yesterday at the sales center and on the construction site. A model\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9832,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9832\/va-condominium-complex-approvals-navigating-the-maze-of-paperwork\/","url_meta":{"origin":17650,"position":2},"title":"VA Condominium Complex Approvals:  Navigating the Maze of Paperwork","author":"Brian Brady","date":"December 17, 2009","format":false,"excerpt":"We helped to secure a lot of VA condominium complex approvals in 2009. \u00a0\u00a0 The VA Regional Home Loan Center-Phoenix is one of the best government agencies with whom I've had the pleasure to work.\u00a0 The folks working there are professional and committed.\u00a0 It helps that they know that we\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":393,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/393\/blogoff-post-16-ask-the-broker-why-are-the-lots-so-small\/","url_meta":{"origin":17650,"position":3},"title":"Blogoff Post #16: Ask the Broker: Why are the lots so small . . . ?","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"This question comes from my mother-in-law, Cathy's mother:Why do builders make yards so small?This is a question that applies to the Phoenix area, but I know it fits in many markets in the southwest. Phoenix was settled in sections, 640 acre square-mile parcels. A farm might be a section, a\u2026","rel":"","context":"In &quot;Ask the Broker&quot;","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":882,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/882\/real-estate-in-deadwood-how-fremont-street-in-las-vegas-became-a-ghost-town\/","url_meta":{"origin":17650,"position":4},"title":"Real estate in Deadwood: How Fremont Street in Las Vegas became a ghost town . . .","author":"Greg Swann","date":"January 11, 2007","format":false,"excerpt":"My mother gives us money for Christmas every year. This year we used the lucre to buy seasons one and two of Deadwood, the acclaimed HBO television series about gold-mining, lawlessness and profanetasizing -- a condition afflicting screen writers, who pretend to affect to believe that people in the past\u2026","rel":"","context":"In &quot;Enduring Interest&quot;","block_context":{"text":"Enduring Interest","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/enduring-interest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3952,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3952\/give-me-your-money-part-ii-emergent-investment-opportunities-in-the-recovering-real-estate-market\/","url_meta":{"origin":17650,"position":5},"title":"Give me your money, Part II: Emergent investment opportunities in the recovering real estate market","author":"Greg Swann","date":"August 17, 2008","format":false,"excerpt":"Last Tuesday I met with a potential real estate investor. She's an investor because she's got the money, the credit and the will to dip her toe in the water. She's a potential investor because she has never yet been a landlord. That's okay. I've worked with many potential investors,\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17650"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17650\/revisions"}],"predecessor-version":[{"id":17652,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17650\/revisions\/17652"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}