Real Estate Journal

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New Home Sales Improve – Slightly

October 22nd, 2014 · No Comments

newhomesalesPeople have been wondering when the housing market would recover and February gave them the figures they were expecting, on the positive. That lasted a few weeks then the downward spiral continued on its cycle of price drops. Experts are saying that the market is beginning to stabilize a bit with prices not going down too much compared to when the housing market initially crashed. Prices have dropped a lot and they say it has bottomed out to the lowest levels that it can’t possibly go any lower. [Read more →]

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Real Estate Professionals Now in Demand

October 15th, 2014 · No Comments

Real estate is a real market. Professionals are needed, unlike 15-20 years ago, the market was open to almost everyone, you hair dresser, your neighbor, your super market checker, when even anybody or just anyone thought he or she thought could play a real estate agent. Now, experienced and real estate professionals are in demand. One could not just take the chance of letting another handle his or her investments. People are more smart these days. Sellers and buyers realize that they could get the benefits from seasoned professionals in dealing with their transactions.

Buyers realize that they need help in finding the right home, one that is in top condition but priced correctly. Soon, the market would weed out the part timers and those who get into real estate because they think it is the easy way.

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When new to buying real estate

October 8th, 2014 · No Comments


One of the things you should consider when looking to buy real estate is to know what you want in your mind. Defining what you want you property to be will save you a lot of time searching and researching. Utilize the internet and look at pictures of possible properties you’re interested in looking at before you visit a real estate agent. When going on look-sees, take notes about each house and for those your really like, try to inspect the walls and plumbing and whatnot for any possible problems. When assessing a particular piece of property – one you’re already set to buy – have a home inspector, an electrician and a gas man go through it first so you can be sure that everything’s working like it should.

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BUSH ADMINISTRATION’S FHA SECURE PLAN HELPING TENS OF THOUSANDS OF FAMILIES KEEP THEIR HOMES

October 1st, 2014 · No Comments

A report released last year said new HUD data show that the program was able to help 33,000 homeowners in preventing foreclosure in three months. They also foresaw the possibility to help more than 50,000 more by end of year.

Tis will help families to avoid foreclosure. A huge number of homeowners are refinancing their exotic subprime loans with HUD. According to HUD more than 33,000 borrowers have already refinanced their subprime home loans with FHASecure, a government-insured foreclosure avoidance initiative created in September. 20,000 are in the pipeline for approval which brings the total to more than 53,000.

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Properties And Foreclosures

September 24th, 2014 · No Comments

51.jpgIn reaction to the uprising surge of short-sale properties and foreclosures, it is expected to consider new regulations to describe better the standing of the assets. Some local and regional multiple inventory services have worked out explanations and admissions in relation to the status of properties and build up their own strategy associated to bank-owned foreclosure properties and short sales. Short sales are naturally defined as dealings in which the lender agrees to recognize less than the full total due on a mortgage as soon as the property is sold in order to avoid a pricey foreclosure course of action.

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A Change of Strategic Selling

September 17th, 2014 · No Comments

In order to survive, one must adapt. This is one thing the insurance agents of today have learned. What they used to keep near their chests are now out in the open for everyone to see. They have now freely posted previously withheld information in the Internet. This information provides the brokers with just enough information to give buyers a one-site stop for all their real estate needs.

“It’s a natural evolution of competition and what consumers want,” said C. Robert Hale III, chief executive of the Houston Association of Realtors, which operates the area’s M.L.S. “The consumer wants to see everything.”

Will this change the current way agents and brokers sell? We’ll know in a few months.

Source

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VFlyers

September 10th, 2014 · No Comments

58.jpgReal estate brokers are now using vFlyer to persuade listings out to sites such as  Google Base, Yahoo Classifieds, Trulia, Zillow and Oodle. vFlyer Agency Edition supports numerous accounts and users that are providing more suppleness to hand over some work and choose the levels of service and pricing to be considered. Brokers can generate not  only one but numerous accounts and even request for team members to create their own. Fees for several accounts can be combined so that the agents or clients can be billed straight. Besides, vFlyer Agency Edition gives officers more elasticity and a wider choices for selecting subscription plans.

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Financial Regulation

September 3rd, 2014 · No Comments

57.jpgStandards are now being required and followed for the regulation of the financial system for mortgage brokers. Many of the foremost characteristics are not possible to be attained. The plan concentrates on composite long-term issues which requires thorough and unselfish discussion. The existing regulatory system is so difficult to comprehend and can request for a  regulatory arbitrage. The plan foresees three federal controllers which would be approved of expanded authority to function as a market stability supervisory body and at the same time accomplish such duties similar to financial firms. In the end, the most contentious aspect of the plan may be a proposal to get rid of the federal thrift.

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Buy, Build and Sell – Worth It?

August 27th, 2014 · No Comments

kitchenIt sure would be if you manage to always hit the earnings button. But as we all know, this always isn’t the case for there are too many hidden factors that may affect the outcome of any project, but hey that’s part of the business. Recognizing a property that has potential is the first key and there are not too many people who have that eye for potential.
Risk management is part of the overall game and as you may have seen on the many feature shows on TV, it rarely goes according to plan. There is a lot of profit in such investments if you have the right people who are the bread and butter of your business. Working in harmony is the key and having conflict is part of the game as a way to iron out the kinks. Necessity is the key to innovation and often results in some of the best ideas making a crazy project into a true gem.

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A Good Reason to Buy Now

August 20th, 2014 · No Comments

There are those who think the end of the year is a good time to buy real estate. There really is no rule about this but if you are decided on purchasing a house or property before the end of the year, you may be in luck.


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There are a few good reasons to do your house purchasing in December and these may spell for you a successful home sale. First off, there is less competition this time of the year. There are other considerations during Christmas and house buying is not one that comes up often. You would probably stand a chance of getting a wider selection at this time of they year. In line with this, you should also be able to get a better price on your house. Sellers or brokers may be more willing to negotiate to close that sale.

Whatever you decide, if buying a house now is a goal, December should be a good month to purchase.

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