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Real Estate & Property News

Foreclosures leveling off - 23 hours 12 minutes ago
The national foreclosure rate fell 2% in February from a month earlier, according to an industry report released Thursday, the latest sign that the pace of foreclosures is slowing.

Tighter Requirements for FHA Loans Loom - March 11, 2010 06:00:00
Its about to get tougher to qualify for a Federal Housing Administration (FHA) mortgage, often considered the replacement loan for the collapsed subprime market.

Replace Short Sales With Your "New Homes" Team - March 11, 2010 06:00:00
Heres a tongue twister: If Sally sells short sales down by the sea shore how many sales will Sally sell short if Sally doesnt close any short sales?

Moreira on Success: Be Flexible, Willing to Change and Never Stop Learning - March 11, 2010 06:00:00
Peter L. Mosca, host of Income Property Investment Talk dot com, shares an excerpt from his interview with Steven Moreira, CCIM, CIPS, and CEO and sole stock-holder of the 4-Quadrant Magic Companies, who provides a comprehensive look at the financial markets, financing, and what is happening on the streets in the marketplace, right now in terms of funding and lending.

Green homes face a red light - March 10, 2010 09:03:28
Lots of people, especially those trying to battle high utility bills, believe in energy-efficient homebuilding.

Nine Leadership Mistakes to Consider As You Rebuild Real Estate - March 10, 2010 06:00:00
A word of advice for builders, contractors, developers and all other players interested in re-building strength back into the real estate marketplace: only strong, balanced, and experienced leadership at the executive level will pull the industry through to the next upcycle.

California Homeownership Without Mortgage Payments: Homeowner Associations Pay For California Mortgage Moratoriums - March 10, 2010 06:00:00
While some people struggle to keep their mortgage payments current, others are living in their houses for free. Not only are they not making mortgage payments but they are being offered incentives when they dont.

Mortgage Rates: The Calm Before the Storm? - March 9, 2010 15:33:00
Despite being just 3 1/2 weeks from the much anticipated end of government purchasing of mortgage-backed securities, mortgage rates remain steady.

Changing Times, Changing Fraud - March 9, 2010 15:33:00
It was certainly a sign of the times that a panel discussion recently presented to California real estate attorneys and brokers was titled "Changing Times/Changing Fraud."

The House Hunters Toolkit - March 9, 2010 15:33:00
It may not feel like Spring in your town, but for most of the United States, weve turned a corner. The sun is shining, the snow is melting, and the crocuses are poking their heads up through the ground; a brutal winter is winding down.

Whats My Real Estate Really Worth? - March 9, 2010 15:33:00
How much is your real estate—your house, condominium unit, cottage, income property—worth in this market? PJ Wade has a few questions and suggestions for you whether a value popped into your head or not.

Cant make your mortgage? Get an emergency loan - March 8, 2010 12:49:15
Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.

What to Say (or not say) to Gracefully Decline the Monkey - March 8, 2010 12:46:00
Here are some tips for showing your client the respect of letting him keep his Monkey (i.e. solving his own problem or dilemma). Its really all in what you say, or dont say, as the case may be.

Pre-Qualifying for a Mortgage - March 8, 2010 12:46:00
One of the first steps to take as a potential home buyer is to get pre-qualified for a loan. This step helps both you and your lender learn just how much home you can afford. And you should begin this process before you even start looking for a home.

Real Estate Outlook: Federal Reserve Beige Book - March 8, 2010 12:46:00
If youre trying to figure out where real estate is headed in the coming months, should you listen to the Federal Reserve -- or do you focus on the latest pending home sales numbers?

A plan to save commercial real estate - March 5, 2010 20:50:34
Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.

More Incentives To Buy Home: Fannie Mae Offers Money for Closing Costs and Appliances - March 5, 2010 06:00:00
Fannie Mae wants to sell its housing inventory that it acquired through foreclosures. The properties are listed for sale on HomePath.com. To do so, its offering buyers incentives for those properties

Low Rates Help Make Home Buying More Affordable - March 5, 2010 06:00:00
Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.97 percent with an average 0.7 point for the week ending March 4, 2010, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 5.15 percent.

Keys to Representing a Buyer - March 5, 2010 06:00:00
The Buyers Agent is responsible for crafting, presenting, writing a proper contract for, and prompting acceptance of a good offer. Follow these steps:

Relationship Selling Begins With Databased Marketing - March 4, 2010 06:00:00
The name of the game is not just Internet marketing, it is relationship building. Marketing is what gets them to the sales center. Selling is a process and it takes time, sometimes many months.

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