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Next Real Estate Topic : Home Equity ? Don?t Spend It on Risky Investments - The housing market has exploded in the last five years, and homeowners are finding that the equity in their homes is greater than it has ever been. The equity in a home is the difference between the market value of the home and the amount still owed on it. As home prices increase, so does the equity for those who own their homes. In parts of Cal...[ read more]


Real Estate Information

Can I Sell My Private Mortgage Notes?


In this country millions of homes are sold every year. In most cases buyers go to a bank or finance company to seek mortgage financing.

How to Prequalify a Buyer When You Sell Your Home By Owner


Before we get to the math there are a few terms you should understand.  The first is PITI which is nothing more than an abbreviation for "principal, interest, taxes and insurance.  This figure represents the MONTHLY cost of the mortgage payment of principal and interest plus the monthly cost of property taxes and homeowners insurance.  The second term is "RATIO".  The ratio is a number that most banks use as an indicator of how much of a buyers monthly GROSS income they could afford to spend on PITI.  Still with me?  Most banks use a ratio of 28% without considering any other debts (credit cards, car payments etc.).  This ratio is sometimes referred to as the "front end ratio".  When you take into consideration other monthly debt, a ratio of 36-40% is considered acceptable. This is referred to as the "back end ratio".  

Purchasing Property With No Money Down: My Personal Experience


Have you ever seen those infomercials about buying houses with ?No Money Down?? They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, ?I own that one,? pointing to a beautiful colonial. ?I also own that one next to it, and the one two doors down, and I?ll be closing on the one directly across the street from it, next week.? He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases he?s also paid no closing costs.

Budgeting Your Log Home: Where Do You Start?


The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. If you are shopping for a milled log package (as opposed to hand-crafted, which is a totally different category), the difference between one manufacturer's price and another is minimal when compared to the total cost of the structure. Here are some reasons why:

How to Get Financing after Filing Bankruptcy


If you're thinking about buying a home but have declared bankruptcy in the past, don't give up hope. There are still ways for you to be able to find a loan, even if your credit history is less than sterling.

Joint Ventures In Real Estate Development; So How Do They Work?


There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture.

How to Price Your Property?


A house properly priced is half sold. But there are plenty of ways to price it improperly.. * You can't go by what you paid for the place. Perhaps you bought two years ago when local prices were skyrocketing, and things have cooled off since. Perhaps houses like yours can now be bought for less, and if you hold out for what you paid, you'll just waste your time.. On the other hand, perhaps prices in your area have taken off, and you'd short-change yourself if you just tried to "get my money out" (but you'd have a fast sale.). * You can't go by how much you've spent on improvements. A given street will support only a given price range. If you've invested so much that yours would be the most expensive house on the street, the buying public is not likely to reimburse you.. * You can't go by your tax assessment figure. Even in communities that aim at full-value assessments, the figures are almost never in line with what buyers are currently ready to pay.. So how do you price your house?. By putting yourself in a buyer's shoes.. What else is for sale in the area? How does it compare with your house? How long has it been on the market? What has sold recently, and how much did the buying public value it at? What has failed to sell in the past year?. Any good broker can furnish the data you need, often in the form of a chart known as a CMA, Comparative Market Analysis. . And once you have it, again think like a buyer. What price would it take for you to look at a list and say to an agent "Take me to see that one"?.

How to Make the Real Estate Market Work For You and Get The Most Money


How to make the Real Estate market work for you and get the most money.

Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced Properties Are Available...


Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced properties are available if you know how to buy them.

Real Estate: Reasons and Priorities for Purchasing Property


Real Estate: Reasons and Priorities for Purchasing Property.  It?s not just about Real Estate as an Investment.

A Powerful Suggested Technique for YOUR Home & Property Search


A Powerful Suggested Technique for YOUR Home & Property Search

Horses In My Back Yard


Horses In My Back Yard

How To Give Yourself A $20,000/Year Raise Without Asking Your Boss


Why without asking your boss?

How Do I Implement The Lease Purchase Plan?


Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don?t forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder.

How I Became a Real Estate Investor


Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. However, beyond these two similarities, the two deals were very different from each other. Let me discuss in more detail the similarities and differences of the two deals.

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Finance and Commerce

Calloway Real Estate Investment Trust Declares March 2010 Distribution
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Real Estate Investment Trust as Portfolio Option for InvestorsCNNMoney.com (press release)
Commerce Real Estate acquires 2 new officesDeseret News
Commercial real estate market in Richmond area improving, executives sayRichmond Times Dispatch
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Tech, real-estate stocks lift Israeli markets
MarketWatch
... MarketWatch TEL AVIV (MarketWatch) -- Israeli stocks advanced on Wednesday, led by strength in Israel Chemicals, technology and real estate. ...

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Chicagoist

Mayor Richard Daley secretly questioned by FBI in 2008 over real estate probe
Chicago Tribune (blog)
Luis Gutierrez, D-Ill. Gutierrez, who had just received a $200000 loan from Boender for his own real estate investments, personally lobbied Daley. ...
Daley won't testify in real estate developer caseABC7Chicago.com
Report: Daley Was Interviewed by FedsMyFox Chicago
Report: Chicago's Mayor Daley questioned by FBI in 2008 regarding real estate ...Fox 59

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Profit To Be Made from Global Real Estate Portfolio
HULIQ
Although the real estate bubble burst and the days of making a sizable profit from overpriced properties are all but gone, there are still ways of profiting ...
Buy Real Estate as Inflation Hedge, Aberdeen SaysBusinessWeek
Big 5 buys real-estate fund.Denver Post

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This Real Estate ETF Still Has Room
TheStreet.com (subscription)
Earlier this month, I urged investors to consider the iShares Dow Jones US Real Estate Index ETF (IYR - commentary - Trade Now) -- "an ETF with ...

and more »


INDenverTimes.com

Colorado real estate division director on leave
KRDO
AP - March 17, 2010 11:34 AM ET DENVER (AP) - The Colorado Division of Real Estate director is on leave from her job. Erin Toll declined to comment on the ...
Colo. real estate division chiefon leave as legislators debate mortgage-broker ...Denver Post
Erin Toll placed on leaveINDenverTimes.com

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Fayetteville real estate company wins top award
FayObserver.com
Fayetteville-based ERA Strother Real Estate has earned the highest award given by the ERA Franchise Systems, which has 2600 offices in 50 states and 45 ...
APRIL 26: IOREBA TO HOST 1ST ANNUAL REAL ESTATE AND RELATED SERVICE INDUSTRY ...BigNews.biz (press release)
ERA Real Estate Comes Together for Education and Networking at Annual ...Franchising.com (press release)

all 3 news articles »


Prominent Investment Sales Team Joins HFF New Jersey
MarketWatch (press release)
Cruz and O'Hearn have more than 32 years of commercial real estate experience and join HFF from Cushman & Wakefield's (C&W) New Jersey investment sales ...

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NY Launches Emerging Manager Hedge Fund, Real Estate Programs
Money Management Letter
... an initial $200 million emerging manager program for hedge funds and plans to develop an emerging manager program for real estate in the near future. ...

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Real estate pros looking for work, ready to move?
San Francisco Chronicle (blog)
Real estate job hunters who don't want to leave the Bay Area might think about what local institutions might be racing to implement short-selling programs ...

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