Wednesday, September 30, 2009

UniCredit Sells Real Estate Properties To REAM SGR

MILAN (Dow Jones)--UniCredit SpA (UCG.MI) said Wednesday its real estate unit has sold a portfolio of properties to a closed-end fund managed by REAM SGR. In an emailed statement UniCredit said that the contribution to the real estate fund is worth about EUR574 million and that it will book a EUR110 million capital gain in the third quarter of 2009. The move comes a day after the Milan-based lender announced a EUR4 billion capital increase to strengthen its ratios.

-By Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@dowjones.com

Thursday, September 24, 2009

Real Estate in Atlantic City

List of Website that provide the Real Estate Information.

1. Brigantine real estate agent in Atlantic County
Specializing in Brigantine real estate, Margate, Longport,Ventnor, Atlantic City, Galloway, Northfield, Linwood, and Atlantic. Marie LePera will help you to find and buy the home of your dreams.

2.Jack Binder-Cape May County`s Leading Real Estate Producer
Jack Binder, Cape May County`s Leading Real Estate Producer, is proud to offer you this web site to assist you in all your real estate needs.

3.I Love Atlantic City Online
I Love Atlantic City Online. Everything you always wanted to know about Atlantic City and the surrounding area. Over 400 documents. including an Atlantic City Virtual Tour and a magazine, The Atlantic The largest public service site in the state of NJ.

4.For Living at the Jersey Shore - Ask 4 Greg a complete guide for southern Ocean County, New Jersey
Information and links for New Jersey Real Estate, Sports, Atlantic City Casino,Summer Vacation Homes, Government, Beacon The Atlantic City Press Asbury Park Press News Papers, Fishing, Pineland Southern Regional School Reports, and more.

5.Carrier Realtors, Brigantine, NJ
Carrier & Associates Realtors, serving the real estate needs of Brigantine, New Jersey, and the surrounding suburbs.

6.American Eagle Realty
Buy or rent from American Eagle Realty in Stone Harbor or Avalon New Jersey.

7.FSBO
HomesByOwner - FSBO - For Sale By Owner Homes and Property in Atlantic City / Cape May, NJ. HomesByOwner is a national network of FSBO (For Sale By Owner) properties and homes sites.

8.Intercon Properties, Inc.,
Ocean Club Realty - Atlantic City, New Jersey.

Sleep at Seattle


property Information for 753 N 80Th st

Interior Feature : Stone, Wood, Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet.
Exterior Features : Stone, Wood, 2 Parking Space(s).
Other Details: 5 Bed, 3.5 Bath 3,490 Sq Ft on 0.1 Acres (4,455 Sq Ft Lot).
Monthly Payment : $714,000
Property Featured :
Single Family Property
Status: Active
Area: Ballard/Greenlake/Greenwood
County: King,Year Built: 2007
5 total bedroom(s),3.5 total bath(s).
Approximately 3490 sq. ft.Fireplace(s)
Garage,Heating features: Forced Air.
View
View: Territorial.
City view.
Lot is 4455 sq. ft.
Approximately 0.1 acre(s).
Lot size is less than 1/2 acre.
School District: SEA.
Elementary School: Buyer To Verify.
Jr. High School: Buyer To Verify.
High School: Buyer To Verify.

For More Details Please visit the Realtor.com.

Want to buy 3 Bed, 2 Bath in Greenville -Hurry


Property Information for 117 old paris mountain Dr

This is the one you have been waiting for. 3 bedroom 2 bathroom home a covered front porch with the craftsman look, a screened porch accessible from the breakfast area and the master bedroom. This home has not only a screened porch it also has a deck off the porch for your relaxing pleasure.



Presented By A.Denise Franklin.......... for more details visit Realtor.

Dubai feels pressure of global crisis in realty sector

The financial pundits did assume that the global economic crisis and the disaster of the realty sector (as a consequence) would be unable to make Dubai vulnerable to their forcefulness. The only reason of this strange expectation happened to be the impregnable or secure realty sector of the country. However now it seems that reverse is taking place (if we look at the present statistics) and the impact of the global financial crisis has started to take its toll on the real estate sector. What has made people realize this? Well, there are some aspects, which are pointing towards this stark reality.

The first of them happens to be the surge in the number of homes advertised for sale in the realm of Dubai. This has been regarded by a section of observers as a premonition since the property prices in Dubai did rebound in the month of November. What has led to this sudden development? According to the estimation of HSBC Holdings, the shift of investors to smaller units has been responsible for the gaining of 4% in the advertised prices of properties. What’s more it has also been opined by the bank, that prices in Dubai may be reaching a decisive moment in the midst of growing concerns over job security, stock market losses and a shortage of liquidity in the emirate.

Well, this is quite unexpected and unimaginable to many since real estate happens to be one of the foundations of Dubai and is responsible for the development of 30% of the Emirate’s economy, if not more. It has played a glorious role in the recent years thanks to its decision to allow the foreigners rights to buy property for the first time six years ago. Only one specimen is enough to depict the real picture. You may not believe but it’s true that advertisements for properties in the area surrounding Burj Dubai, the world’s tallest building, almost doubled to 670 listings between September and November.

There may be several reasons behind this eventuality. One of them is that accession to finance may be hampering sales as lenders either pull mortgage finance for buyers in Dubai, or require bigger deposits. But it’s definite that the crisis has set in and Dubai is feeling the pressure.

Wednesday, September 23, 2009

Storm warnings---1st Mariner's tower faces foreclosure as bank woes spread; Hale says he'll fight

A French bank has begun foreclosure proceedings on 1st Mariner Tower at Canton Crossing as the recession and housing slump spread deeper from Baltimore banker and developer Edwin F. Hale Sr.'s banking business to his commercial real estate activities.

Paris-based Natixis SA informed Hale on Friday that the bank's commercial real estate lending arm in New York has scheduled an auction for the 17-story building and surrounding land for Oct. 21 after the default of an $84 million loan, according to a notice of sale.

In an interview Tuesday, Hale said he was considering several measures to resolve the problem, including trying to sell the building that opened three years ago(more Click Here).

Real Estate in Miami

1. Sell Houses Miami
Looking for real estate in Miami? Realtor Orlando Garcia offers homes for sale, free MLS search, new listings by email, preconstruction, mortgage calculators, and resources for buyers and sellers.http://www.sellhousesmiami.com/

2. Miami Beach Real Estate | Alex Shay
Alex Shay specializes in luxury real estate in Miami Beach , Miami, and throughout South Florida , in Coral Gables, Key Biscayne, Fisher Island, Pinecrest, Cocoplum, Gables Estates and surrounding South Florida communities.http://www.alexshay.com/

3. Peter Fragos - Turnberry International Realty
No Description Available. http://www.search4miamihomes.com/

4. Fred Joseph - Florida International Realty ServiceTrust, Inc.
Listing homes, commercial property, and condos for sale and lease in the downtown area. Listings, relocation, and contact information.http://www.fredjoseph-realestate.com/

5. J. Mar Brokers and Associates Corporation
Residential, commercial, and industrial properties. Listings, pre-construction, and contact information.http://www.jmarbrokers.com/

6. Flagstone Holdings LLC
Florida-based real estate investment firm specializing in the acquisition and development of student housing close to major universities across the US. Link to joint venture partner, the Lane Companies, an apartment developer.http://www.flagstoneholdings.com/

7. South K Realty, Inc.
Commercial, residential and business brokerage. Listings and contact details.
http://www.southkrealty.com/
8. The Cosmopolitan
Luxury condominiums on South Beach. Photos and amenities.
http://www.thecosmopolitan.com

9. 1550 Brickell Apartments
Five-story apartment building with walking distance of downtown offering gated entrance and controlled elevator access. Floor plans, extensive photos, request form.
http://www.1550brickell.com/

10. Rose Realty And Associates, Inc.
Commericial and residential brokerage. Loan information, contact details.
http://www.floridarealtors.com/

11. The Deltona Corporation
Developer of residential communities, offering company history and profile, inquiries form, map of projects, photos and tours.
http://www.deltona.com/

12. Key Title and Escrow
Providing real estate closing and homeowners insurance. Includes description of services, title order form and contact information.http://www.titleescrowmiami.com/

13. Pordes realty
Luxury properties in south Florida.http://www.pordesrealty.com/

14. Carlos Garcia - Keyes
Realtor offering online listings of homes and commercial properties. Agent photo and profile, online translation into Spanish and eight other languages.
http://www.soldhome.com/

15. DAK Realty
Sales and leasing of luxury condominiums and commercial properties in area communities. Search listings by location or price. In English and Spanish. http://dak-realty.com/

16.Covisa Realty and Management
Management of condominiums, medical and office buildings, and apartment complexes. Online sales and rental listings, profile of broker Jose Hadida-Hassan.
http://www.covisarealty.com/

17. Pinnacle Housing Group
Integrated housing development, construction and management company with a major focus in urban revitalization. Bios of principals, current projects.http://www.pinnaclehousing.com/

18. Appraisal Connection, Inc.
Specializes in all types of residential appraisals. Company profile and services.
http://www.appraisalinfo.com/

19. Palm Bay Club & Marina
Waterfront condominium community with 50-slip marina on the Intracoastal Waterway.
http://www.palmbaymiami.com/

20. East Ridge
Retirement community village. Includes information on amenities.
http://www.eastridgerc.com/

21. Biscayne Professional Associates, Inc.
Specialists in pre-purchase and pre-investment due diligence examinations. Services, contact details.http://www.wefightfraud.com/

Monday, September 21, 2009

Dubai real estate agent murdered in NY

NEW YORK/DUBAI (Al Arabiya)

A New York hotel employee was arrested Sunday for the murder of a 44-year old Dubai-based real estate agent who was found dead in her Manhattan apartment.Andree Bejjani's body was found by a maid on Saturday at 2:30 am in her 10th-floor apartment at the Jumeirah Essex House in New York City.

New York Police said the victim was naked from the waist down, her nightgown pushed up, with a rope around her neck and a knife in her neck. Bejjani was a well-known Dubai real-estate agent that traveled back and forth between the Gulf and the United States encouraging Gulf clients to invest in the New York real estate market.

Police suspect sexual motives behind the attack but have said there does not seem to have been a previous relationship between the victim and her murderer. “This incident occurred in one of the private condominiums at the Essex House complex,” said a statement from the hotel. “Our sincere condolences go out to the victim’s family, and we have offered our full support during this difficult time.”

The suspect, 29-year-old Derrick Praileau, a housekeeping manager at the hotel, has been charged with second-degree murder and has been ordered held without bail, the New York Times reported.

In a video confession, Praileau admitted being at the crime scene early Saturday morning. The Essex House, a 45-story Art Deco building, was completed in 1931 and is home to many high-profile UAE residents.

Trendz Of Real Estate Cartoon




Friday, September 18, 2009

Best Places to Live 2009

In selecting our Best Places to Live for 2009, U.S. News took a thrift-conscious approach: We looked for affordable communities that have strong economies and plenty of fun things to do. The cities we selected are as distinct as America itself—ranging from a quaint suburb to a live-music mecca. But whether you prefer hiking through the Rocky Mountains, pulling a fish out of the Atlantic Ocean, or grilling hot dogs at a college football tailgate, here are 10 places that will fill up your daybook without emptying your wallet.

1.Albuquerque, New Mexico

Along the banks of the Rio Grande, with the Sandia Mountains in the background, is the beautiful city of Albuquerque, N.M. The sunny climate and endless landscape have long drawn writers, poets, and artists to this spot, which includes an unconventional mix of American Indian, Hispanic, and Anglo cultures. But it's not just freethinkers who drift to this Southwestern city of 511,000. Kirtland Air Force Base, Sandia National Laboratories, and Intel Corp. have helped develop the area into a manufacturing and research hub. They provide a stable anchor for the local economy.

Albuquerque's clear skies, calm winds, and abundant sunshine present plenty of opportunities to explore its natural splendor. Each October, the Albuquerque International Balloon Fiesta fills the sky with more than 700 colorful hot-air balloons. Fourteen area golf courses are open year-round and allow duffers to tee off against spectacular backdrops of volcanoes and mountain peaks. Meanwhile, Albuquerque's foothills and network of trails make the area a wonderful destination for biking. Still, "it's kind of undiscovered at the same time," says Will McConnell of the Albuquerque Bicycle Center.

2.Auburn, Alabama

For Southern charm with collegiate vigor, consider Auburn, Ala. This diamond on the eastern Alabama plains has a population of just under 50,000 and is home to Auburn University. On football Saturdays, when die-hard fans arrive in droves to cheer their beloved Tigers, Auburn swells to the state's fifth-most-populous city. And as Auburn's largest employer, the university also plays a starring role in the local economy.

With mild winters and hot summers, the city offers no shortage of outdoor recreation opportunities. Find a nice hiking trail in the 696-acre Chewacla State Park before cooling off with an afternoon swim. Take a stroll through the Donald E. Davis Arboretum, located on the Auburn University campus.

Golfers can head to nearby Grand National golf course and wend their way through the state along the beautiful Robert Trent Jones Golf Trail. "Once you have been there, you just want to come back," says John Cannon, president of SunBelt Golf Corp., which manages the trail.

3.Austin, Texas

If you're a free spirit, music junkie, or barbecue lover—or if you simply have what it takes to "keep Austin weird"—Texas's state capital is for you. Considered ground zero for live music, this city of 716,000 residents is home to legions of musicians and nearly 200 performance venues. In addition, Austin hosts the always popular South by Southwest festival. Since its inception in 1987, the event has mushroomed from a local gathering to a 1,800-band, 80-stage extravaganza of music, filmmaking, and interactive activities featuring performers from all over the world. Austin is also a high-tech hub, with companies like Dell and IBM, which employ thousands of residents.

The city's warm climate offers plenty of sunshine, while the open green spaces don't provide any excuse for staying indoors. Head over to Lions Municipal Golf Course for an inexpensive round. Wander through the 351-acre Zilker Metropolitan Park until you find Barton Springs Pool, a 3-acre water source fed by underground springs that keep its temperature around 68 degrees all year long. To escape the city, head for the nearby Hill Country. "It's rolling hills cut with lots of little creeks and streams," says Tom Beach, a sales clerk at Austin Canoe & Kayak. "It makes for a nice road trip."

4.Boise, Idaho

Although often overlooked, Boise, Idaho, is a terrific destination for those looking to escape out West. With a high-desert climate of sunshine, clear skies, and four distinct seasons, this city of 200,000 makes a perfect base camp for exploring southwest Idaho's dramatic panorama. Choose from the many nearby parks, which total some 2,700 acres, cast a fishing line into the Boise River, or head over to Boise State University for a Broncos football game.

High-tech companies Micron Technology and Hewlett-Packard are among the area's leading private employers. To hit the thriving local arts scene, cruise downtown. Boise's free "Alive After Five" concert series brings musicians and other entertainers to the Grove Plaza each Wednesday during the summer. "It's harder to find a parking space after 5 than it is before 5," says Paul Hiller, the executive director of the Boise Valley Economic Partnership. "It's one of the most vibrant downtown areas you've ever seen."

5.Durham, North Carolina

Once a tobacco town, Durham, N.C., has evolved into a world-class center of all things advanced. This city of 206,000, located halfway between the Atlantic coast and the Great Smoky Mountains, is called the "City of Medicine" because of its expansive healthcare industry. And although widely known as the home of prestigious Duke University, it's also a thriving technology hub. At the same time, Durham's mild climate allows residents to get out and explore the region's abundant outdoor attractions. Consider hiking one of the many distinct trails and greenways or heading over to the Durham Bulls Athletic Park for an afternoon baseball game.

6.La Crosse, Wisconsin

With a population of about 50,000, La Crosse, Wis., is a great staging ground for exploring the natural wonders of the upper Mississippi River area. Although winters can be bitterly cold, friendly Midwesterners and the nearby ski slopes will keep your spirits high. The spring opens an active outdoor culture of camping, hiking, hunting, and fishing that brings more than a million visitors to the area each year. Explore the mighty Mississippi on a riverboat tour, or try your luck with the northern pike in Lake Onalaska. "Great people, fun town," says Dave Lueck, a 36-year-old graduate student at the University of Wisconsin-La Crosse. "It's not too big, not too small." And with a 2008 median home sale price of $113,000, it's also an affordable destination.

7.Loveland, Colorado

Located just outside the breathtaking Rocky Mountain National Park, Loveland, Colo., is considered the "Gateway to the Rockies." But while it has 27 public parks and nearly 16 miles of recreation trails, it's Loveland's affection for man-made beauty that sets this community of 56,000 residents apart. Thanks to its Art in Public Places program, more than 300 pieces of sculpture and two-dimensional works are on display throughout the community. And with a 2008 median home sale price of $186,000, the area's real estate market is relatively affordable.

Loveland has also achieved acclaim for its Valentine remailing program, in which 200,000 cards are sent to the city to receive a special cachet stamp. "We've got a waiting list of over 50 people that are waiting to be stampers," says Kathryn Roth of the Loveland Chamber of Commerce.

8.San Luis Obispo, California

Tucked into California's sweeping Central Coast region is lovely San Luis Obispo, Calif. Its warm, gentle climate, with temperatures rarely surpassing 90 degrees, is perfect for hitting nearby beaches or touring local vineyards. In addition, California Polytechnic State University, which is located in town, infuses the community with intellectual energy.

Although area home prices have fallen by as much as 35 percent over the past two years, the national housing bust may have also created another reason to make San Luis Obispo your home, says John Day, a local real estate broker. "There are just plain good deals" in the current market, he says.

9.St. Augustine, Florida

As the nation's longest continually inhabited European-founded city, St. Augustine, Fla., considers itself the oldest city in the United States. Founded in 1565 by Spanish Adm. Pedro Menéndez de Avilés, this community of 13,000 residents on Florida's northeastern coast has managed to maintain its colonial charm. Take the Castillo de San Marcos, for example. This remarkable stone-and-mortar fort is located right in the heart of St. Augustine's cobblestoned historic district. And even though 300 years of violent storms and enemy firepower couldn't penetrate its walls, visitors can enter the 20.5-acre monument site today for just $6.

But St. Augustine's appeal extends beyond the history books. With a highly educated workforce, world-class golfing nearby—the immaculate TPC Sawgrass course is located just up the road—and that refreshing Atlantic breeze, this "ancient city" offers enough activities to satisfy even the most fanatical outdoor sports enthusiast. "Fishing, kayaking, boating—we have just about everything," says Donald Edwards, a clerk at the Avid Angler fishing shop. "I wouldn't live anywhere else."

10.Upper St. Clair, Pennsylvania

For a quiet residential option, consider Upper St. Clair, Pa. This quaint town of fewer than 20,000 residents is located in the hilly woodlands outside Pittsburgh, where the Whiskey Rebellion of the late 1700s was centered. The median home price of this family-oriented community was $240,000 in 2008. And its school system is superb: Ninety-eight percent of its high school graduates go on to college, and the Upper St. Clair school district currently boasts 10 federal government blue-ribbon "Excellence in Education" awards.

After the spring thaw, residents head outside to enjoy the region's abundant greenery. "Pennsylvania is a fairly robust and rich place in terms of resources, if you just look a little bit," says Ed Di Gangi, the president of the Upper St. Clair Fly Fishing Club. In addition to fishing, popular outdoor activities include hiking, cycling, golf, and bocce. And with Pittsburgh about 10 miles away, residents of this small town are never too far removed from big-city comforts. "From here to a Pirates [baseball] game or here to a Penguins [hockey] game, it's 30 minutes or less," Di Gangi says.

Here's our list of the 10 best places to live:

  1. Albuquerque, N.M.
  2. Auburn, Ala.
  3. Austin, Texas
  4. Boise, Idaho
  5. Durham, N.C.
  6. La Crosse, Wis.
  7. Loveland, Colo.
  8. San Luis Obispo, Calif.
  9. St. Augustine, Fla.
  10. Upper St. Clair, Pa.

Top 10 Tips for Real Estate Agents Using Twitter

Social media is here to stay and everyone’s using Twitter. But if you’re worried about how to best use it, here are propertyadguru.com’s Top 10 Tips for Real Estate Agents Using Twitter:

1. Understand what Twitter is and plan before you tweet. Twitter is about posting short updates of less than 140 characters, which have been described by some as a little like a mobile phone text messages for the web. It’s all about telling your followers about what you’re doing at that moment. Look closely at examples of how others use it.

2. Every word matters. You only have 140 characters, think carefully about how you choose to spend them…

3. Personalise your Twitter account, but keep it professional. Make sure to think business and include all your relevant contact details in your profile, choose a relevant name, add a photo, include a short bio and make new friends or follow other relevant businesses using the “find people” function.

4. Tweet. You can’t just sit there – you need to be active. Twitter is social – so participate, and find your Twitter voice. Read propertyadguru.com’s article on Twitter: to tweet or not to tweet.

5. You need to be followed, and follow. But remember: it’s about quality, not quantity. There’s no point having the most followers if they’re not remotely interested in what you’re doing.

6. Think big and be creative with your Tweets. No one will care much for hearing about what you ate for lunch, but they might be keen to know you sealed a big deal, or have a great new property for sale. Whatever you tweet should be newsworthy.

7. Don’t overdo it. Think about the frequency of your posts. Nobody likes a spammer and the aim is to keep your social network alive and expand it through Twitter, rather than annoying people.

8. Learn the Twitter commands. Using the @ symbol before someone’s username is a reply and the user will receive notification. Using the # means it is tweet about a certain topic or event (#icny is Inman Connect New York). You also have the facility to send and receive direct messages that don’t show as a public tweet.

9. Think about how you can best use extra Twitter related applications. There are many such as: tinyurl.com, budurl.com, tweetdeck.com, twitterfeed, Twitter for mobile, twitpic.com, ffwd.com’s Twitter Connect for Video, or Facebook’s Twitter function.

10. Keep up-to-date with some of the fantastic twitter advice sites. twitip.com is jam-packed with useful information. UK comedian Stephen Fry has even been advising on Twitter best practice (and he should know, he has 100,000 followers).

But overall, just enjoy it.

Editor’s Note: You can also follow propertyadguru.com on Twitter: twitter.com/propertyadguru.


Monday, September 14, 2009

Real Estate Cartoon





For More Real Estate Cartoons Please visits: Cartoonstock, sabbah

Research and Markets: An Essential Report on Active Private Equity Real Estate Strategy

DUBLIN--(Business Wire)--
Research and Markets has announced the addition of John Wiley and Sons Ltd's new report "Active Private Equity Real Estate
Strategy" to their offering.

Proven private equity real estate investing strategies

The subprime fallout and credit crisis have triggered a major transition in U.S.real estate. With tightening lending and
underwriting standards, speculative investments and construction projects are likely
to limited, resulting in constrained supply and healthier fundamentals over the long term. Looking
forward, market participants anticipate that the coming years will be fraught
with challenges as well as opportunities.

Active Private Equity Real Estate Strategy is a collection of abridged market analyses, forecasts, and strategy papers from the ING Clarion Partners Research
& Investment Strategy (RIS) group. Divided into two comprehensive parts, this practical guide provides you with an informative overview of real estate
markets, forecasts, and recent trends in part one, and presents specific active strategies in private equity real estate investing in part two.

Includes a simulation of the economy in recession and the expected effects on the commercial real estate industry Offers examples of portfolio analysis and
recommendations using ING Clarions forecasts and Modern Portfolio Theory Focuses on multifamily, hotel, land, and industrial investments Demonstrates the
use of the various tools available to the private equity real estate investor Written with both the individual and institutional real estate investor in mind,
this book offers specific private equity strategies for investing in real estate
during volatile times.

Key Topics Covered:

Part I: Market Analysis and Forecasts.

* Overview of the U.S. Real Estate Market (Tim Wang and David Lynn).
* Forecasting the U.S. Market (David Lynn).
* Recession Simulation and its Effects on Real Estate (Tim Wang, Alison Sauer,
David Lynn).
* Subprime Fallout: The Impact on Commercial Real Estate (Tim Wang and David
Lynn).
* Capital Markets: Dramatic Shifts and Opportunities (David Lynn and Tim Wang).
* The Bid-Ask Problem and Game Theory (Jeff Organisciak, Tim Wang, David Lynn).

Part II: Active Strategies.

* Residential Land Investment (Bohdy Hedgcock and David Lynn).
* The U.S. Hotel Market and Strategy (Tim Wang, Matson Holbrook, David Lynn).
* Global Gateway Industrial Market Investment (Bohdy Hedgcock and David Lynn).
* The Opportunity in Senior Housing (Tim Wang and David Lynn).
* Active Portfolio Management Using Modern Portfolio Theory (David Lynn and
Yusheng Hao).
* Derivatives in Private Equity Real Estate (Jeff Organisciak, Tim Wang, David
Lynn).
* Opportunities in Infrastructure Investment (David Lynn and Matson Holbrook).

For more information visit Research and markets


Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2009

Tuesday, September 8, 2009

Top 10 Tips for Avoiding Real Estate and Mortgage Fraud



Top 10 Tips for Avoiding Real Estate and Mortgage Fraud

  1. Always, always, always understand what you are signing and agreeing to, AND, always seek assistance from a skilled real estate attorney. If you do not understand something you're being asked to sign, ask for clarification and re-read the document again before signing.
  2. Ask for and check referrals and references for real estate and mortgage industry professionals. Check the licenses of the real estate and mortgage professionals with state, county, or city regulatory agencies. Make sure the people you're dealing with are 'in good standing' with the appropriate regulatory bodies.
  3. Be suspicious of outrageous promises of extraordinary profit in a short period of time. If it sounds too good to be true, it probably is!
  4. Always conduct business at either the real estate professional's office or a bank. Doing so gives you further opportunities to verify the agent or broker's professional standing, as well as alleviates pressure you may feel if someone is strong-arming you inside of your own home.
  5. Be wary of strangers and unsolicited contacts, as well as high-pressure sales techniques and people who play to your emotions. Again, if it seems too good to be true, it probably is!
  6. Look at written information to include recent comparable sales in the area and other documents such as tax assessments to verify the value of the property.
  7. Make sure the name on any documents you sign matches the name on your own personal identification card, i.e., driver's license, social security card, state issued identification card, etc.
  8. Review the title history of the property to determine if the property has been sold multiple times within a short period. If so, it could mean that this property has been "flipped" and that the value has been falsely inflated either by the seller or appraiser.
  9. Know and understand the terms of your mortgage. Check your information against the information in the loan documents to ensure they are accurate and complete.
  10. Be cautious of any real estate industry or mortgage professional who conducts 100 percent of their business on a cell phone on the road. Upstanding real estate industry professionals almost always have an official office and telephone line. Verify this information before agreeing to conduct business exclusively via a cell phone.

Other general tips:

  1. If it sounds too good to be true—it probably is!
  2. Never sign a blank document or a document containing blanks. This leaves you vulnerable to fraud.
  3. Don't sign anything you don't understand.
  4. Always seek assistance from an attorney.
For more Details Visit flippingfrenzy

Early Rally for Stocks as Oil Jumps

Led by soaring commodities, Wall Street returned from the holiday weekend on a strong note as the Dow climbed nearly 100 points at Tuesday's opening bell.

Today's Markets

As of 9:34 a.m. EDT, the Dow Jones Industrial Average rose 65.82 points, or 0.70%, to 9506.41, the Standard & Poor's 500 climbed 9.42 points, or 0.93%, to 1025.82 and the Nasdaq Composite picked up 19.45 points, or 0.97%, to 2038.19. The consumer-friendly FOX 50 added 7.79 points, or 1.05%, to 750.60.There aren't any major economic or earnings reports set to be released Tuesday so the markets took their cues from steady advances in both Asian and European markets as well as rallying gold and oil prices.

Tuesday also marks the first opportunity for some to react to last week's jobs report, which showed the U.S. unemployment rate climbed in August to a 27-year high. The Dow jumped nearly 100 points on Friday in the face of the dreary data but the index still closed the week down about 1%, snapping a two-week win streak. The markets ran into resistance last week amid fears about the historically-weak month of September and concerns stocks have gotten too far ahead of the economy.

For More Details Please visit FoxBusiness.

The Article was Written By Matt Egan(feedback@foxbusiness.com).