Real Estate
Some Questions to Ask When You Are Shopping for a Lender
When shopping for a lender the first thing that often comes to mind to compare is rates, but that is only part of the picture. Lower rates often mean higher fees so it’s important to look at both. Your lender will also be an advisor, so choose someone you feel you can trust. Keep in mind [...]
Haruvis buy lakefront Gordon home for $7.8 million
The longtime lakefront home of the late real estate investor and philanthropist Robert “Bob” Gordon and his wife, Arlette, has changed hands for $7.8 million, according to the price recorded Wednesday on the warranty deed filed with the Palm Beach County Clerk’s office. Palm Beachers Abe and Giovana Haruvi bought the five-bedroom house at 980 [...]
Where’s all of Tom Gentz’s affordable housing?
Town Council President Tom Gentz is fronting a plan to kill the state’s affordable housing program. The plan was written by Planning Commissar Ruth Platner and largely benefits the constituents of the Charlestown Citizens Alliance. Here’s how the Platner-Gentz Affording Housing Deconstruction Act works: figure out the price of a residential property that is affordable to somebody or some family [...]
Belgian Developer Dumps Village Townhouse for Half Off
It’s not every day that a downtown property goes on the market for $28 million, even a 9,000-square-foot townhouse in the heart of the Villlage. Such was the case with the 28-foot-wide home at 47 West 9th Street. The property hit the market with the exorbitant price tag last February, but it has sold for almost [...]
Finding the Right Home for You, Signs You Have Found It!
The first steps in finding the right home for you were about putting the place that feeds your soul into words and translating that into database criteria. This is critical for your searching. However, when you actually find the right house it’s a different story… because people search with their minds but buy with their [...]
MORTGAGE RULE & REGULATION UPDATES
Let’s start these updates with some good news out of Freddie. They are relaxing some of the income verification requirements when it comes to Social Security, retirement, survivor and dependent benefits, long-term disability, and public assistance. They are now only requiring proof of receiving the income for two months. For alimony, child support and separate [...]
Finding the Right Home for You
In Finding the right home for you – Part 2 you more clearly defined your sense of place… how you live and how where you live makes you feel. Now let’s get into more specifics. Is it important how close you are to… public transportation/highways/airport schools/libraries medical facilities coffee shops/restaurants shopping church friends/family work recreation – parks, [...]
Tankless Water Heaters – A Few More Things to Consider
Pros You can’t put a price tag on going green. There’s no dispute about this – tankless water heaters use less energy. Doing the environmentally responsible thing doesn’t always have a measurable return on investment. I mentioned this last week, but only briefly. Not everything we spend money on will give us a return [...]
“No Housing Bubble In Toronto”
On Tuesday the Bank of Canada announced it would keep interest rates at 1%. No surprise there. What’s also no surprise is thisToronto Star article by Robin Wiebe. A senior economist at the Conference Board of Canada, Robin has written “No Housing Bubble in Toronto” another propaganda piece from the socialist rag that the Star is. [...]
The mysterious and secret Affordable Housing changes
At the last Town Council meeting on October 11 Tom Gentz introduced his plan for evolutionary changes to the State Low and Moderate Income Housing Law. He explained that we have to do this on a fast track to get the legislation changes into the queue in January for the next legislative session. So I expected that [...]
Mortgage Troubles Point to Economic Hangover
Mortgages are in big trouble despite the measures taken by the Fed and the government. People are stuck with mortgages that are greater than the value of their homes causing a major overhang and a continued cycle of real estate price depreciation. With the action the Obama administration would like to take, the problem amounts to [...]
Rent To Own Homes Explained
If you desire to own your own home but are unable to secure conventional financing today, leasing a home with an option to buy may be your best option. A lease purchase can make your rent money work for you instead of making your landlord rich. Typically rent to own homes offer rent credits that [...]
Healthcare Real Estate Fund Structure
Healthcare Real Estates is basically any property hosting healthcare facilities. This includes complete range of services provider and their real estate needs. In brief it can be hospital real estate, pharmaceutical manufacturing facility, research center, clinics, laboratories facilities, and senior living , assisted living homes, home care, diagnostic, special zone and research center, clinics. These are wide range of facilities considered as [...]
Wide Foreclosure Move Helps Location Buyers Uncovering Discounted Real Realty
The Wide foreclosure slant is an uncommon ride that helps buyers and investors base a variety of discounted true demesne. At one point, Broad was the largest mortgage mate pledgee in the land until purchased by Bank of America in 2008. Today, BOA controls foreclosure properties once managed by Wide. The Broad foreclosure name is [...]
Greece Squeezing Some Money Out of Real Estate
The continuing rally on the risk asset markets yesterday was buoyed by the positive news coming out of the Euro zone. At a meeting with Greek Prime Minister George Papandreou, German Chancellor Angela Merkel yet again announced that Germany will provide all necessary aid to Greece and not allow the country to leave the Euro [...]
As housing department moves, some employees may not go along
Prince George’s County officials were thrilled. Anne Arundel County officials, not. In the official announcement last week of the relocation of the Maryland Department of Housing and Community Development from Crownsville to New Carrollton, there were winners and losers, and it wasn’t difficult to figure out who was who. Gov. Martin O’Malley’s announcement came as [...]
Find Suitable Homes For Sale in San Diego
San Diego is a place of beauty. The land has natural beauty which is rarely found in other countries. Moving in a new place is always a challenge to people. Adjusting with the neighbors, the area, the climate and facilities available there is not always easy. After shifting you might come across many problems. Therefore, [...]
Arizona Mortgage Lender’s Association Takes Credit for Killing SB 1259
Remember Arizona’s SB 1259? It seems like only yesterday that we were watching it disappear on its way to Arizona’s House of Representatives after passing the senate by 28-2. Come on, you remember… it’s the one that homeowner advocate Darrell Blomberg then tried to replace by drafting an amendment that Rep. Carl Seel was committed to proposing until a couple of [...]
Wall Street Journal says Mortgage rates hit record low (but does it matter to you?)
We all know (or you should know) thatmortgage rates have hit record lows. Most folks with decent credit scores can get near 4% rates on 30 year fixed conventional loans and even less on FHA loans. 5/1 arms are low 3s… which can make a lot of sense on a good condo or townhouse buy that will [...]
The Altos Research Real-Time Housing Market Update for September 2011
Altos Research has published their September 2011 housing report. Quote: “Since a peak in early July, we’ve seen week over week cooling of the housing market.” “The loss of momentum from the summer market activity is unmistakable.”
