With the job market still uncertain, many individuals in New York are looking for a career that will help them find a sense of security in uncertain economic times. There is good news on the horizon for anyone that has or has considered getting a New York real Estate license. Experts predict the real estate [...]
Archive | October, 2010
No Short Sale Deficiencies
Starting January 1, 2011, a seller’s first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale. Providing written consent to a short sale shall obligate the first trust deed lender to accept the sales proceeds as full payment and discharge of the remaining amount owed on the loan. This [...]
Foreclosure Crisis moving in a new direction
Looking at the new foreclosure trend and how the large banks are dealing with the pressure of the foreclosure fraud mess. What can we expect down the road as interest rates begin to rise.
Toronto Real Estate Sales are Up not Down!
Toronto Sales are Up not Down! ontariorealestatesource.blogspot.com By Brian Madigan LL.B. (Ontario Real Estate Source) I know that you thought that the sales were going down and that interest rates and the HST had killed the market. You just read newspaper headlines indicating that the market is going down. As evidence of that fact, they [...]
Refi Market
While discussing real estate in ways most do…I observed through various forms of conversation that I am not doing much business here in the Dallas Real Estate market. Therefore I wondered why? OK, I know most will say…get a good website, network, buy leads, etc… However, while I was speaking with a mortgage friend the [...]
Houston Real Estate Agency: John Daugherty, Realtors Goes the Extra Mile – To London
Firm Joins Global Real Estate Market with Offices in City’s West End Houston, TX – John Daugherty, Realtors, is pleased to announce the opening of a marketing office in London, England in partnership with Mayfair International Realty. Located in the heart of London’s prestigious West End, the office will serve as a gateway for Europe’s [...]
Is it a Bedroom, Den or Office?
What rooms are called and how they’re used can be different. Is there an “official” definition for a bedroom, den, half bath or dining room? At the end of the day, what it’s called and how it’s used is determined by the owner.
Denver Recognized As Real Estate Market To Watch
According to a recent report, the Denver Metro area has been recognized as one of the top markets to watch in the United States. The study, which is entitled “Emerging Trends in Real Estate 2011” and has been published for 32 years, is compiled by the Urban Land Institute and PricewaterhouseCoopers LLP financial services film. [...]
Three ways to protect yourself from condo fraud
Condominums are popular with young, first-time homebuyers, but they aren’t without their complexities – Owning a condo unit is a bit like being a shareholder in a corporation, with all the financial due diligence it demands. Here are the top three ways to protect yourself, the homebuyer, from making a bad investment with your home. [...]
Time to Close an Ontario Real Estate Transaction
Time for Closing By Brian Madigan LL.B. (Ontario Real Estate Source) The standard form agreement of purchase and sale in Ontario as drafted by the Ontario Real Estate Association (OREA), provides as follows: 2. Completion Date: This agreement shall be completed by no later than 6:00 pm on the 15th of November 2010. Upon completion, [...]
Getting a California Real Estate License
There has never been a better time to get into the real estate industry than right now and there is still no better place than in sunny California. Selling real estate in California is selling more than property; it is selling a lifestyle that people dream about. The real estate market has taken its share [...]
Stop Drafts Before Winter
Don’t wait until your house is so cold that you wear your winter coats indoors – fix drafty windows before the winter season arrives. According to the Department of Energy, more than 40 percent of annual energy expenditures are consumed by heating and cooling in a typical house. Proper selection of windows, doors and skylights [...]
Ideas For Your Email (Or Print) Newsletter Other Than The Monthly Recipe
Don’t get me wrong – I think that the recipe is a great idea. I have clipped more than one out of a mailing received from a real estate agent or mortgage professional. Make sure to put your name and phone number or website so close to the recipe that the information is saved along [...]
Rancho Santa Margarita Short Sale Realtor
The following are short sale statistics for Rancho Santa Margarita as of October 20, 2010. Rancho Santa Margarita currently has 504 homes listed as short sales on the market. Of those homes 179 are detached single family residences and condos. 329 are active and still accepting offers, 47 of them are under contract and currently [...]
What if I have a second lien and I have qualified for a Trial Modification under Home Affordable Modification Program.
If you have qualified your first mortgage under the Home Affordable Modification Program and already have begun making your trial payments, but are wondering if you second mortgage lien will qualify for assistance under the same loan modification program. Here is what you will need to do to find out: - Contact your second lien [...]
Real Estate Investing
The successful real estate investor must have the flexibility to adapt to the inevitable changes that will occur in the marketplace. In today’s real estate environment, a long term holding strategy might be ideal. The chances for quick turn over, and quick profit have been diminished by the current housing crisis which has resulted in [...]
Gulp, $35 Million Hilbert Mansion Sells for $3 Million
It must be heart-breaking to see your $35 million home be sold for just $3 million. Former CEO Stephen C. Hilbert and his wife Tomisue lost their home to CNO Financial, formerly known as Conseco, in order to make up for outstanding debts with the company. The lavish French country estate had been for sale [...]
Move Those Foreclosures!
It appears that two major lenders are cranking up the foreclosure engines again – welcome news as standing still only prolongs this mess. A company in Tampa has allegedly been showering “robo-signers” with gifts….and when is someone – ANYONE – going to look into the very interesting Atlanta foreclosure housing market?
Risk Management for Home Stagers
Home Staging and Risk Management By Brian Madigan LL.B. (Ontario Real Estate Source) The Home Staging industry is still unregulated, and to some extent it is still in its infancy. As society becomes somewhat more litigious, it would seem to be wise that those in the home staging business take some precautions on their own [...]
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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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