Hot Mortgage Deals

Coos Bay; Residential; $184,900

Jesse Spivakovsky — Wed, 16 May 2012 10:36:04 +0000

Coos Bay – Residential $184,900 MLS Number 12644825 Location:Coos Bay Price:$184,900 Bedrooms:3 Baths:2.0 Year Built:2002 Approx Sq ft:1352 Waterfront: View:Trees Lotsize:2.16 acres Taxes: Very secluded property. Paved driveway. Wind protected lots of trees with big garden/lawn area. Newly painted, Move in ready. 2002 double-wide on block foundation.

Moving Out: Henry Street, Manchester

Isabelle Bolliger — Sat, 12 May 2012 20:39:27 +0000

Elizabeth and Jonathan Bartholomew were newlyweds in graduate school when they bought their 1951 cape six years ago and set about renovating it.

Two kids later, they are selling the Manchester house and planning to move in with Elizabeth’s parents nearby to save to build a larger home in Bolton, Marlborough or Glastonbury.

The house was in great shape but dated when they bought it from the original owner, who was in her 90s, according to Elizabeth.

“The first weekend we were in there we tore up the shag carpeting that was over the hardwood floors,” Elizabeth said. They restored all the hardwood floors and took down all the wallpaper some of it aqua with gold teacups and painted the rooms with lighter and brighter colors.

The renovations became a family affair, with Elizabeth’s parents and her brother and sister-in-law helping.

U.S.A., Meet Brazil

Sofia Camfield — Sat, 12 May 2012 17:23:27 +0000

In the U.S., the commercial real estate industry is liable to take certain things for granted: 1) that America is the strongest and most popular market for foreign investment, and 2) that America will always possess that status.

The first belief is true. If you look at data from either Real Capital Analytics or AFIRE, the Association of Foreign Investors in Real Estate, the numbers speak for themselves.

Jim Scannell on CoreNet 2020

Isabelle Bolliger — Sun, 06 May 2012 23:30:03 +0000

Jim Scannell, the newly installed chairman of CoreNet Global, spoke with CPE about some of the research findings for the CoreNet 2020 initiative, including the future of mobile technology and the workplace.

Egypt sees surge in interest from Brit homebuyers

Jesse Spivakovsky — Fri, 04 May 2012 14:12:37 +0000

Egypt has seen an increase in interest from British overseas homebuyers, while interest in the UAE due to developers in the region failing to target potential buyers in the UK, according to a new list.

According to London-based TheMoveChannel.com’s Top of the Props latest rankings, the three biggest investment locations favoured by British overseas homebuyers were Spain, the US and France.

Within the Arab world, the UAE has remained unmoved at number 19, while Egypt has seen a surge in interest and has shot up ten spaces to 18th place.

“While the UAE has shown tentative signs of an upturn in activity, there has so far been a reluctance from agents and developers in the region to renew the long-distance international threads of their marketing activity,” Dan Johnson, managing director of TheMoveChannel.com, said of the UAE’s low placing on the list.

“For this reason, European media have not benefited from increased advertising spend from Arabian property companies, the knock on effect being that easily-distracted buyers have their attention elsewhere.

“One such destination is Egypt, where in spite of some political unrest in the last 12 months, agents and developers have continued to drive interest in Egyptian property. The avail

Real Estate Slackers

Sofia Camfield — Thu, 03 May 2012 23:41:56 +0000

On Sunday morning I received a telephone call from a young woman inquiring about a Glendale condo. It was a short sale, but that’s not the point of this story. She wanted to see the condo and because she found the listing on my real estate web site she assumed I was the listing agent; I am not. I told her that although it wasn’t my listing, that either Lisa or Natalie would be happy to show it to her that day. She apologized and explained to me that she had a real estate agent but he wasn’t calling her back. I asked her if she wanted to work with a real estate agent who returned phone calls, but she told me she didn’t want to switch…..(God help her when she gets in escrow).

I gave her the listing agent’s contact information so that she could phone her. If the home were

DEPARTMENT OF FINANCIAL SERVICES APPOINTS BRIAN D. OBERGFELL TO CHARTER BANK ADVISORY BOARD

Sofia Camfield — Sun, 15 Apr 2012 00:53:47 +0000

New York, NY March 30, 2012 Benjamin M. Lawsky, New York State’s Superintendent of Financial Services, has named Brian D. Obergfell to the newly formed State Charter Bank Advisory Board. Mr. Obergfell is a senior partner at Emmet, Marvin & Martin, LLP and a member of the firm’s executive and strategic committees.

The new State Charter Advisory Board is made up of nine members from various locations throughout New York State. Members, who will each serve a three-year term, represent banks with assets from under $500 million to more than $3 billion. Directed by New York’s Department of Financial Services, the newly formed Advisory Board is designed to promote the state banking system. The B

How To Burn Down Your House (And Why)

Jesse Spivakovsky — Fri, 13 Apr 2012 04:02:23 +0000

It was late in the day when it finally happened. A puff of smoke appeared just over the rooftop at the far right side of the house, then another appeared, near the chimney.

Within moments smoke was pouring from the entire roof and flickers of orange flame began appearing in the windows.

A cheer went up from the assembled crowd as the flames grew; soon the roof weakened and began to collapse. A dozen firefighters stood by, cheering along with the crowd.

Huh?

Usually, a home burning to the ground is a tragedy, a disaster, a crime – or all three. Th

North-east Brazil ‘a property investment hotspot’

Sofia Camfield — Mon, 09 Apr 2012 16:48:43 +0000

The north-east of Brazil currently represents one of the five best property investment opportunities in the world, according to the new Global Real Estate Index.

The report lists the 27 best real estate markets in the world based on factors such as value for money, appreciation potential and ease of buying, as well as weather, tax favourability, cost of living and community.

It found that north-east Brazil presents excellent investment opportunities, as the region satisfies many of these social and lifestyle requirements and is steadily increasing in popularity as a result.

The economy in the area is particularly strong, of with over $6 billion being invested in tourism and infrastructure here in the lead-up to the 2014 football World Cup, while its location also makes it a convenient hub for US and European investors.

Both the short- and long-term rental potential in the era, combined with the proliferation of business and leisure developments, means that the popularity of north-east Brazil as an investment will only continue to rise, the report estimated.

Home Replacement to Gay People’s Hillcrest

admin — Mon, 09 Apr 2012 14:17:27 +0000

Hillcrest belongs to older San Diego neighborhood and has population almost 13,000. It has a varied population and has restaurants, businesses, clubs, and bars. The people of this area are mostly gay and bi-sexual. You may move to this place or move away due to some job or business compulsions. For the purpose you may connect the websites that are offering their services to handle the situation. You simply have to take care of the matter by making it certain that you have full knowledge of all the related people as well as the other ones. Continue reading…

U.S. Housing Market Has Begun Nascent Recovery, Says Freddie Mac Report

Isabelle Bolliger — Mon, 09 Apr 2012 02:05:22 +0000

According to Freddie Mac’s U.S. Economic and Housing Market Outlook for March, there are signs the U.S. housing market is awakening from its depression-like condition of the past few years and beginning, though slowly, to make a nascent recovery.

Frank Nothaft, Freddie Mac’s chief economist said, “The housing market continues to struggle amid strong economic headwinds. Continue reading…

$550,000 Home For Sale in Jackson, NJ 08527

Jesse Spivakovsky — Sun, 08 Apr 2012 13:04:07 +0000

397 Toms River Rd Jackson, NJ 08527

5bd. 3fb. 1pb. Single Family $550,000
ECO-friendly 5BR 3.5B tucked in a tranquil masterfully landscaped 3.57 acre prop w/ conservation easement insures privacy. 2 story foyer leads to LR, DR, & vaulted Great Rm w/FP,large EIK, sunny 25×17 3-season rm, Frt&rear strs to Mstr Ste +3 BRs & bath. 5th BR w/ensuite bath on 1st flr. Geothermal HVAC/humidity control system transfers heat to/from ground to heat/cool home, not burning fossil fuels, creating less soot, fumes, allergens, & lowering HVAC costs. Continue reading…

Moving Out: Walkley Road, West Hartford

Isabelle Bolliger — Wed, 04 Apr 2012 17:18:22 +0000

When Beth Cherubino bought the 1918 colonial 14 years ago, she was a single attorney drawn to the vibrancy and fun that West Hartford offers. It was the perfect location walking distance to West Hartford Center and Beth’s job at the state Office of the Attorney General in Hartford’s West End.

Then she met and married John Cherubino, who not only fell in love with her, but the vintage house they would work so hard to restore.

Now they have 2-year-old twins, John and Dea, and have since bought a larger home in Granby with more land.

“Highly Absorbent”

Sofia Camfield — Wed, 04 Apr 2012 03:42:30 +0000

Commercial real estate professionals seem to be in agreement: there’s no market like Washington, D.C. From the government offices to the non-profit, private sector, and educational institutions that call D.C. home, there is a lot of demand for real estate. So, while CRE markets in the rest of the country were battered by the Recession and its aftershocks, D.C.’s real estate has kept on going, with firms building and investing there like there is no recession to speak of.

Unlike multifamily and certain niche property types (self-storage and healthcare come to mind), office buildings have been slow to recover as an investment property. Wit

Clarion Pension Fund Gets $100M in Secured Credit, Backed by Seven Industrial Properties

Isabelle Bolliger — Wed, 28 Mar 2012 08:18:23 +0000

By Barbra Murray, Contributing Editor

Utilizing a 2.1 million-square-foot commercial portfolio owned by a pension fund it advises as collateral, Clarion Partners L.L.C. now has its hands on a $100 million secured credit facility.

The collection of assets backing the credit facility consists of seven properties in five states. An industrial property and an office property are located in the California cities of Fullerton and Sunnyvale, respectively, and an additional two office assets are sited in Boca Raton and Plantation, Fla. The group is completed by industrial facilities in Edwardsville, Ill., and Secaucus, N.J., and an office property in Scottsdale, Ariz.

Commercial real estate services firm Jones Lang LaSalles Capital Markets arranged the facility, locking in Principal Life Insurance Co.