With President Obama calling for a doubling of renewable energy by 2012, a recently published Berkeley Lab study funded by the U.S. Department of Energy is likely music to the wind energy industry’s ears. The study reports that wind farms do not have any significant negative effect on property values. This reportedly is the most [...]
Archive | December, 2009
FHA Energy Efficient Mortgage for Santa Clara County Homes
FHA’s Energy Efficient Mortgage program (EEM) helps Santa Clara County homebuyers or homeowners save money on utility bills. This is done by enabling them to finance the cost of adding energy efficiency features to their house as part of their FHA insured loan. EEMs recognize that reduced utility expenses can permit a homeowner to pay a higher mortgage [...]
Mortgage Rates go up steeply for Santa Clara County Homes
In last 3 weeks, 30 year fixed mortgage rates have gone up 34 basis points for Santa Clara County homes. In the latest results of its Primary Mortgage Market Survey® Freddie Mac reported 30-year fixed-rate mortgage averaged 5.05 percent with an average 0.7 point for the week ending December 24, 2009. The 15-year Fixed Rate this week averaged 4.45 percent [...]
Playing the Marketing Cards You’re Dealt
Selling a client’s home often doesn’t follow a recipe To me the concept of the “marketing mix” has always conjured up an image of a mixing bowl where a bunch of different ingredients are combined to produce something tasty. The problem with that analogy is that it implies that when you follow the recipe things [...]
Country Club Of The South-Jack Nicklaus Designed-Club House In Foreclosure?
A Very popular and prestige golf course and club community, located in Alpharetta, is sceduled to auction the golf course, clubhouse, and club facilities on January 5th 2010. The more than 700 residences are said not to be affected, but I am sure there is such a buzz in the community of Country Club Of [...]
HVCC implementation is delayed by FHA for Santa Clara Home Loans
FHA delays HVCC for Santa Clara County Home Loans until February 15, 2010. This was originally planned for a January 1, 2010 implementation. But, FHA announced today that the enactment of Appraiser Independence has been delayed. Since implementation of the Home Valuation Code of Conduct (HVCC) for conventional loans in May 2009, many challenges and difficulties with appraisals [...]
No Housing Bubble in Canada for 2009
No Housing Bubble in Canada By Brian Madigan LL.B. According to the federal Minister of Finance, there’s no housing bubble in Canada. However, Jim Flaherty pledged quick action from the feds if there were. Flaherty, being interviewed on 21 December 2009 indicated that recent price increases for homes in Canada were due to a confluence [...]
This year GOALS are NON-NEGOTIABLE
This is the year that Goals are NON-NEGOTIABLE I say that as one that has routinely set goals and initially followed them but ended up short of the mark. I have spent time thinking about the “WHY” behind that thought. I have many times said, it’s not my fault, it’s out of my [...]
Lenders to Halt Foreclosure Evictions over the Holidays
Fannie Mae and Freddie Mac will suspend foreclosure evictions from December 19, 2009 through January 3, 2010. To help struggling families over the holidays, both owner-occupants and tenants living in properties foreclosed upon by Fannie Mae will not be evicted. Freddie Mac’s suspension of evictions will be limited to properties up to four units. In [...]
Tips For Buying a Dallas Foreclosure Home
Sometimes buyers are not allowed to view a Dallas foreclosure home before making an offer. The problem with buying a house sight unseen is that you can’t determine how much it will cost to repair the home or bring it up to code. You also don’t know if the occupant will retaliate and destroy and steal fixtures from the home.
After Short Sale do I qualify for an FHA loan in Santa Clara?
A short sale is a transaction where a seller sells the property for less that what was owed. Short sale is increasingly becoming a common option to sell a house in Santa Clara and rest of the Bay area. If you went through a short sale you could have this question – Do I now [...]
How to Prepare for an Open House
Selling your Las Vegas home often includes holding an open house. If your real estate agent decides to hold an open house to sell your home then it is best to prepare for this event and make your home as attractive as possible to potential homebuyers. Clean, clean, clean. This doesn’t just mean vacuuming and [...]
Tips For Buying a Dallas Foreclosure Home
There are lots of savvy Dallas homebuyers who want to hit the jackpot by buying a Dallas Foreclosure because they believe that many of these homes are under priced. When banks price their foreclosed and REOs (real estate owned) homes under the comparable home sales they often receive multiple offers. This means that you could [...]
Fed’s leave key rate unchanged
The Federal Reserve today announced it will maintain its target for the federal funds rate in the 0 percent to 0.25 percent range, and expects economic conditions to warrant exceptionally low levels of the federal funds rate for an extended period of time. “Information suggests that economic activity has continued to pick up and that [...]
5 Easy Steps to Finding Your Dream Home
Are you looking to buy a home? The home buying process can be daunting but it does not have to be. Here are 5 easy steps to help you find your dream home. 1) Get pre-approved Figure out what you can afford to buy. Either use a service online or sit down with a mortgage [...]
Property Management Forum
When I decided to build a Property Management business earlier this year, I did as much research as I could to make sure this was a good business move. With the experience I have online, I thought for sure I’d be able to find some busy property management forums where I could learn from other experienced [...]
Seller’s Obligation to Disclose in Ontario Real Estate Transactions
Seller’s Obligation to Disclose in Ontario Real Estate Transactions By Brian Madigan LL.B. The general rule of law in Ontario concerning the purchase of land is that of “caveat emptor”, or as translated from Latin “let the buyer beware.” At common law, this principle stood for the proposition that when the buyer had required no [...]
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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