The Stoler Report: The Truth About the Residential Real Estate Market

2012-05-13 / real estate / 0 Comments


The national pastime is not baseball, basketball or football; it’s the topic of real estate. People all over New York and the tri-state region are talking about the real estate marketplace: office space, affordable housing, rentals, condos, retail trends. What are the trends? What’s the latest news? And where’s the next development? Join Michael Stoler every week and explore these and other real estate issues in the tri-state area during this half-hour round table discussion. (Taped: 9/16/2008) Watch more at www.cuny.tv/series/stolerreport

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203k Loans Off to a Roaring Start – Hot Texas Real Estate Market

2012-05-08 / fha loan / 0 Comments

The temperatures are heating up and so is the renovation lending market in Texas.  The 203k loan is just one of the great loan programs out there that people can’t stop talking about.  It seems that only six months ago people hardly knew what this was and now we can’t seem to write them fast enough.  These loans give the ability to purchase and include the costs of the remodel.  Move in ready homes are going fast so now is the time to partner the purchase contract with a renovation loan which will allow a buyer to purchase “as is,” renovate the home to their specific taste and voila everyone is happy.

Stop and just consider for a minute how much time you could spend driving your clients all over town to find the perfect home but they want to make a low ball offer and the house has multiple offers. The media has not caught on to how busy the market is right now and consumers still think low ball offers are ok…but we know that is not the case right now. The solution is to introduce your client to a renovation loan and allow a little more upfront access into the property for inspection and contractor bids! That’s it and not only will this be a sale but you can now move on to the next client! Your time spent will probably add up to about the same. Now is the time to take advantage of the FHA 203k, HomeStyle or HomePath Renovation Loan – take that not so perfect home and let your buyer make it perfect for themselves. So whether the seller is distressed and doesn’t have money for repairs…or a potential buyer just doesn’t happen to think cobalt blue makes a great dining room color and lime green is an inviting entry way, these loans can help.

These loans are not just for foreclosures or distressed properties! They are also great for properties that just need a cosmetic overhaul. With the HomeStyle Renovation loan it even allows for a swimming pool, outdoor living space as well as cosmetic and or structural work as well.

Don’t let the old chatter of “203k’s never close” scare you! I am here to tell you they close all month long. The only thing I will caution you is work with an expert in renovation loans, not just a loan officer trying it out for the first time. What can I promise you: Me and my team of Specialists will get this closed and we will take care of your client after the sale with in-house Servicing to ensure the renovations are completed.

Repairs don’t scare me and they shouldn’t scare you either! Call me today and let me dispel the renovation myth. Let’s make it a great 2012.

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11/20/2008 Part 2/2 Peter Schiff On Campbell Brown: Market Plummets

2012-04-01 / real estate / 25 Comments


Visit www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias’ next cyclical inflationary real estate bull market.

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Realty Times – Real Estate News and Advice featuring Local Market Conditions.flv

2012-03-16 / real estate / 0 Comments


If you are or your are thinking about selling you house, you will want to take a look at this video.

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Cape Cod Real Estate Market Update October 15

2012-02-18 / real estate / 0 Comments


Joe Arnao gives you the latest weekly Cape Cod real estate information. Steady volume with a bump in median price. Watch it to the end and expand your horizons.

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Omaha Real Estate – Off Market – 18114 Josephine St

2012-02-11 / real estate / 0 Comments


If you are in the market for a lovely home located in a friendly West Omaha subdivision, then you won’t want to miss this 3 bedroom, 2 bath Tri-level nestled in the Sun Ridge subdivision. This is a great neighborhood and a highly convenient location. The home features an open floor plan with soaring ceilings. The kitchen has all stainless appliances and the dining area opens out onto the backyard deck. Head down to the lower level family room and relax by the cozy gas log fireplace. There’s also a basement with plenty of storage and a large laundry area. Ideal home to enjoy the “Good Life” that Omaha suburban living has to offer. Brought to you by: www.OmahaRealEstate.com

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Real estate market on the way up

2012-01-19 / real estate / 0 Comments


Johnny Owczarzak with Re/Max Preferred believes that the real estate market is on the way up in this edition of FOX Toledo’s Talk Back.

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Cape Cod Real Estate Market Update, Aug 5

2012-01-01 / real estate / 0 Comments


Get the latest Cape Cod real estate update. Good news, bad news, just the facts. Real estate on Cape Cod is not insulated from the turmoil that is hurting many other markets. This report covers Cape Cod as a whole. Each Town and Village will have its own characteristics. You should analyze your neighborhood closely and compare it to a specific property, whether it is your own or one you want to aquire..

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Hot Cars Hot Models and Hot Mortgage Insurance Returns to the Real Estate Purchase Market in Alameda

2011-10-18 / fha loan / 0 Comments

Having trouble viewing?

http://www.youtube.com/user/RealEstateBuzzz?feature=mhee#p/u/0/1dhV0cuEX9s

Did you know that Conventional Mortgage Insurance is back?

Home Buyers have more opportunity than they have had since January 2008!!!

With National Conforming Loan limits of $417,000 and below home buyers can once again put just 3% down if they have a 680 fico credit score! FHA currently still requires 3.5% down and a 96.5% loan to value.  Conventional mortgage loan pricing does have pricing hits associated with higher loan to value loans so FHA financing may have a lower interest rate.  FHA financing however, has both upfront and monthly mortgage insurance.  As a consumer, it’s important to go over both options very carefully with your mortgage professional.

On High Balance Loans now going to $625,500.00 from $729,750 in high cost counties like Alameda, Contra Costa, Santa Clara, and San Francisco, Conventional Financing has a minimum down payment of 10%.  A borrower must have a 620 fico however with a lower credit score there will be hits to both mortgage insurance and interest rate.  The maximum purchase price for conventional high balance loans in high cost areas is $695,000.

FHA also goes to $625,500.  FHA allows just 3.5% down on their high balance loans as well allowing a borrower to purchase upwards of $648,186 in high cost areas like Alameda, Contra Costa, Santa Clara, and San Francisco.

Loans above 625,500 are available and still very favorable, however because this is primarily portfolio money the most attractive terms are adjustable rate mortgages fixed for a maximum of 10 years. The good news is Mortgage Insurance is available for Jumbo Loan as well.  Currently a home buyer can purchase a home using jumbo financing and 10% down to borrower up to 2 Million!

 Related Videos:

FHA vs Conventional Financing:

http://www.youtube.com/user/RealEstateBuzzz?feature=mhee#p/u/18/9aCQ0pI2Ky8

The Top 5 Questions Home Buyers Have When Getting a Home Loan

http://www.youtube.com/user/RealEstateBuzzz?feature=mhee#p/u/17/TjV5MPWETK0

 

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Want To Start The Real Estate Business Jump To Dubai Real Estate Market

2011-09-26 / real estate / 0 Comments

Dubai has continuously been well-known for its astonishing architectural expansion as well as stunning designs, and one illustration of such architectural propensity is the planet only seven star hotel positioned in Dubai. In present, Dubai Real Estate is perhaps the safest gamble for making any overseas property investment.

Now you must be thinking about the reason following this sudden scuttle in the Real Estate Investment In Dubai. The chief factor behind this increase in the demand for the property investment in Dubai is the verity that benefit laws permit the freehold possession of the property by any outsider, which allows the assets owners to rent out or sell the property each time they wish. Moreover, with the possession of the freehold assets in convinced chosen areas in Dubai, a three year renewable surroundings visa is also offered to the holder of the property.

Another basis that acts as a dynamic force in the wake of the Real Estate Market in Dubai is the billion dollar investments through numerous of the foremost multinational corporate in the world. This has given the output in the increase of the job opportunities as a real estate brokers in the city and increase in the population there. Due to the boost in the population of the city, the demand for the properties (both rented & owned real estate) has also improved. The legal official procedure related to the investment in the Real Estate Market in Dubai are very minimal as well as simple, leading to a pester free affair to the property owner and investors.

So, if we take a look to all above listed factors then there is no vagueness why Dubai is becoming a fantasy destination for the real estate brokerage. Dubai persists to set pioneering records for construction as well as development, taking Dubai to the front of the most preferential real property destination in the entire world.