Archive | January, 2010

Real Estate Pay Per Click – PPC

There are numerous options available online for advertising products or services. One of the prevalent and often used advertising methods is PPC – Pay Per Click. Although PPC is effective, it is not an option that is viable for businesses or companies who may be strapped for cash. While it does work within a budget, [...]

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Agent’s Duties When There Are Zoning Problems

Agent’s Duties When There Are Zoning Problems By Brian Madigan LL.B. This case seems rather straightforward. The owner of a property situate in the Grand River Conservation area lists his property for sale. The agent, Ralph Murphy fails to ascertain the zoning and the development restrictions that apply to the property. Murphy is approached by [...]

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The Meaning of “Forum Conveniens”

The Meaning of “Forum Conveniens” By Brian Madigan LL.B. The latin expression “forum conveniens” simply means “convenient forum”. It is to be distinguished from the expression “forum non conveniens”, or the inconvenient forum. The Court gets to make this decision at the outset of every case. The first question the Judge will ask is “do [...]

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Cupcakes and Corner Benches

I’m not sure why, but cupcake shops are starting to become all the rage now. Even Cincinnati is getting in on the mix. Not that I’m complaining, mind you. It’s a pretty delicious trend. My first foray into this frosted fad found me at Butter Lane in the Chelsea neighborhood of NYC this past summer [...]

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CNNMoney.com – Las Vegas is the most undervalued city in the U.S.

CNNMoney.com came out with their list of the most overvalued and undervalued cities in the United States. You can read the article here or see the list of overvalued and undervalued cities. They listed Las Vegas, Nevada as 41.40% undervalued as well as the most undervalued city in the United States. In 2006, CNNMoney.com wrote [...]

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Santa Clara County Mortgage Rates Set To Go Up

The Fed’s statement today does not augur well for Santa Clara Mortgage Rates. The Fed said today that it is sticking to it’s plan to end purchases of mortgage securities by the end of March. The purchases have helped to drive down Santa Clara mortgage interest rates (refer chart below for Mortgage Rates in the [...]

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Dallas Area Real Estate Market

News came out today that everyone missed their mark with regards to forecasting the housing market.  With a drop of 7.6% , Decembers numbers were the lowest since March.  Even with the tax incentives nothing seems to give the industry the push it needs.  In the Dallas Real Estate area the market as a whole was down 1% [...]

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Stuck In The Middle With You

It snowed this morning in Cincinnati. Unfortunately, despite only getting an average annual snowfall of less than two feet, in our city, if just one flake is on the road, all the drivers turn into flakes. Traffic completely stalls, so much so that you’d think every Cincinnatian was from a tropical locale and came to [...]

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UK Property Prices to Outperform Inflation by 40% in Next Decade

Savills Research predicts 40 percent inflation-adjusted growth in the UK’s mainstream property market over the next ten years, much more in line with the long term average. Demand will be sustained by inventory shortages, but price growth will be constrained by more limited access to mortgage finance. Director of Savills Research Lucian Cook said in [...]

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UK Home Prices Climbed 5.9% In 2009

Home prices in the United Kingdom climbed 5.9 percent in 2009, according to a report from the Nationwide Building Society. The average price of a home in the UK at year-end was $257,105 (£162,103), an 8.9 percent rebound from the lowest point in February 2009, according to Martin Gahbauer, Nationwide’s chief economist. The re-entry of [...]

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Westfield Real Estate Tips: Selling Your Home With Paint

One οf tһе mοѕt іmрοrtаחt factors іח selling a home involves tһе overall condition οf tһе paint οח both tһе interior аחԁ tһе exterior. Iח both cases tһіѕ саח bе a mаkе οr brеаk point fοr tһе sale. If tһеrе іѕ аחу painting tһаt needs tο bе done, іt саח bе done very affordably аחԁ [...]

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HUD to Increase Mortgage Insurance Premiums for Orange County FHA Borrowers

HUD announced in Mortgagee Letter 2010-02 that effective April 5, 2010, the Upfront Mortgage Insurance Premiums (MIP) on FHA loans will be increased. This will effect Orange County FHA borrowers who are looking to purchase a home or refinance using FHA financing. Over the past year FHA has played around with different premiums, but most recently [...]

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Santa Clara County Real Estate and Mortgage Rates Update

Weekly dose of Santa Clara County Real Estate and Mortgage Rates commentary. The week that was: Freddie Mac reported in its Primary Mortgage Market Survey® that 30-year fixed-rate mortgage averaged 4.99 percent with an average 0.7 point for the week ending January 21, 2010, down from last week when it averaged 5.06 percent. The 5-year adjustable-rate mortgage (ARM) [...]

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“Public Interest” in Canada’s New Blogging Laws

“Public Interest” in Canada’s Blogging Laws By Brian Madigan LL.B. There are new laws in Canada that govern the matter of blogging on the internet. The Supreme Court of Canada determined that there must be new laws to protect amateur bloggers and others who proceeded in good faith to express their views, candidly in cyberspace. [...]

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King Tutankhamun In San Francisco

  Living in the San Francisco Bay area is wonderful for many reasons. The City has many wonderful Restaurants, Hotels, and the night life is awesome as well. On this past Thursday I went to the De Young Museum and saw the King Tut exhibit. It was an ultimate experience. I can not believe the wonderful [...]

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Real Estate Link Building Techniques

Like all the other industries, even real estate websites require a good number of good quality back links for ranking well in the search engines. Link building for the real estate industry is equally time consuming and tedious. We have for you some of the most powerful tips that will help you with your link [...]

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Canada’s New Blogging Laws

Blogging Laws In Canada By Brian Madigan LL.B. You might have thought that there were no particular laws about blogging. And, until recently, there probably weren’t. The Supreme Court of Canada in Grant v. Torstar (2009)outlined some of the laws that apply in the case of blogging. In a recent case, the Supreme Court of [...]

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Changes to FHA Loan requirements for Santa Clara Mortgages

FHA announced a series of changes to their Down Payment, Credit Score, Seller Contribution and Mortgage Insurance guidelines for Santa Clara county mortgages. Credit Score/DownPayment Guideline Change : New borrowers will now be required to have a minimum FICO score of 580 to qualify for FHA’s 3.5% down payment program. New borrowers with less than a 580 FICO score [...]

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FHA Mortgage Insurance Premium goes up for Santa Clara Home Loans

FHA today increased it’s upfront mortgage insurance premium requirements for Santa Clara County FHA Home Loans. Upfront Mortgage Insurance is the money that FHA collects at the time of closing a mortgage to insure the loan against default. Currently, this premium is 1.75% for most purchase and refinance transactions. However, effective April 5, 2010, FHA will [...]

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Buyers Tips: How to Find the Home of your Dreams in a Buyer’s Market

The upcoming year is going to be a veritable gold mine for buyers. From near-historic low interest rates and government incentives to rock-bottom home prices, now may be the time to purchase the Highland Park home of your dreams. Purchasing a Highland Park property amidst a buyer’s market is a smart move; however, it is [...]

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