Archive for August, 2009

Commercial Real Estate Lurks as Next … - Wall Street Journal

Posted on August 31, 2009 at 9:00 pm

Commercial Real Estate Lurks as Next ... - Wall Street Journal

Commercial Real Estate Lurks as Next Potential Mortgage Crisis
Wall Street Journal
In addition, capital markets are starting to ease for publicly traded real-estate investment trusts. Since March, more than two dozen REITs have managed to ...

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ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

Inland Diversified Real Estate Trust,… - Reuters

Posted on August 31, 2009 at 7:00 pm

Inland Diversified Real Estate Trust,... - Reuters

Inland Diversified Real Estate Trust, Inc. Commences $5 Billion ...
Reuters
Inland Diversified, a public, non-listed corporation that intends to qualify as real estate investment trust (REIT), focuses on the acquisition and ...

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ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

Century 21 real estate agents training on selling foreclosure homes a success

Posted on August 31, 2009 at 4:00 am

Century 21 real estate agents training on selling foreclosure homes a success
Several of Century 21’s top real estate agents from throughout the nation recently descended on the Westin Diplomat in Fort Lauderdale, Fla., to participate in a training retreat. Century 21 — the world’s largest residential real estate sales organization — recently selected Foreclosure.com Agent University to put a select group of industry professionals [...]

logo Century21

Several of Century 21’s top real estate agents from throughout the nation recently descended on the Westin Diplomat in Fort Lauderdale, Fla., to participate in a training retreat.

Century 21 — the world’s largest residential real estate sales organization — recently selected Foreclosure.com Agent University to put a select group of industry professionals through its Certified Foreclosure Agent training program.

This is a career-building certification course designed specifically for individuals who are interested in foreclosures and expanding their business to include sales of Real Estate Owed (REO) properties, short sales and other distressed real estate.

All of the Century 21 agents who participated in the comprehensive learning experience were required to complete and pass an exam for each of the three topics presented receive their Certified Foreclosure Agent “Specialist” designation. For more background on the “Specialist” designation click here.

We had such a great group — many of agents flew in a day early and left a day late because of opportunity to travel to South Florida and, in the process, take home skills that will grow their businesses.

To learn more about the Certified Foreclosure Agent program click here. Broker owners and managers should contact us direct (866.382.4445) for more details on bulk pricing savings.

ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Foreclosure Investments

Brookfield Realty, Marathon Real Esta… - Wall Street Journal

Posted on August 30, 2009 at 7:00 pm

Brookfield Realty, Marathon Real Esta... - Wall Street Journal

Brookfield Realty, Marathon Real Estate File For IPOs
Wall Street Journal
Existing REITs are taking advantage of strong investor appetite for real estate companies, and several mortgage REITs have gone public this year as falling ...
Two more REITs file for IPOsReuters
Investing In Mortgage REITsNuWire Investor
Real estate transferred billions from private to public investorsSmartBrief
Forbes -Financial Post -Construction Week Online India
all 16 news articles »

ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

Recent new home sales surge more than 7 percent

Posted on August 30, 2009 at 11:00 am

Recent new home sales surge more than 7 percent
That’s the latest from an Associated Press report, which cites data from the National Association of Realtors, indicating that home sales nationwide jumped 7.2 percent in July 2009. It’s the fourth straight month-over-month increase for the beleaguered housing market. Prices have dropped remarkably across the board, creating amazing opportunities for homebuyers to purchase properties that may have [...]

rising-home-prices

That’s the latest from an Associated Press report, which cites data from the National Association of Realtors, indicating that home sales nationwide jumped 7.2 percent in July 2009.

It’s the fourth straight month-over-month increase for the beleaguered housing market.

Prices have dropped remarkably across the board, creating amazing opportunities for homebuyers to purchase properties that may have been out of their reach just a few years ago. In addition, the clock is ticking to take advantage of the $8,000 first-time homebuyer tax credit. It expires on Dec. 1, 2009.

These factors and many others, including low mortgage interest rates, have created a sense of urgency among buyers and investors.

In an interesting twist, sales of foreclosures and other distressed properties are now down, accounting for about one-third of all real estate transactions last month — down from nearly half earlier this year. Those sales, however, “helped drag down the median sales price by 15 percent to $178,400.”

It also means that there are more foreclosure deals from which to choose.

To search for the hottest real estate deals in your area click here. Or, sign up to receive our FREE email listing alerts right here.

ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

U.S. Investors Abandon Europe - Wall Street Journal

Posted on August 29, 2009 at 4:00 pm

U.S. Investors Abandon Europe - Wall Street Journal

U.S. Investors Abandon Europe
Wall Street Journal
In another sale by a US investor, AIG Lincoln, the partnership between AIG Global Real Estate Investment, a unit of American International Group, ...

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ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

Entrepreneur to speak at real estate … - Deseret News

Posted on August 29, 2009 at 10:00 am

Entrepreneur to speak at real estate ... - Deseret News

Entrepreneur to speak at real estate meeting
Deseret News
Swanson is an entrepreneur, educator and a real estate investor in Denver with more than 10 years of experience, and is also the founder of the Colorado ...

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ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

Veteran real estate broker Pollard le… - Puget Sound Business Journal

Posted on August 29, 2009 at 2:00 am

Veteran real estate broker Pollard le... - Puget Sound Business Journal

Veteran real estate broker Pollard leaves brokerage, puts skin in ...
Puget Sound Business Journal
He's leaving the Bellevue-based firm he helped start 16 years ago to try his hand at commercial real estate investment. Pollard says he wants to invest in ...

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ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Industry News

Jeff Kaller’s Mr. PRE FORECLOSURE Short Sales Course

Posted on August 29, 2009 at 12:00 am

The Flagship course that started it all is now available in Home-Study System Format... How To Leave Your Job In 90 Days Buying and Selling Pre-foreclosures for HUGE PROFITS Section 1 - Introduction Section 2 - Generating Leads/Locating Prospects Section 3 - Evaluating Leads Section 4 - Visual Inspections Section 5 - Quick Turn Strategies Section 6 - Discounting Secrets Section 7 - Bankruptcies During the Short Sale Process Section 8 - Selling on Terms/Subject To Section 9 - Automated Systems/Selling Terms Section 10 - Private Money to Fund Deals Section 11 - Refinance Using Partner Section 12 - Creating a Personal Business Plan Section 13 - Bonus Section: Job Description - Sales Representing/Personal Assistant; Creating an Outsourced Business Read More

ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Foreclosure Basics

Foreclosures in Wellington Florida require catfish to clean pools

Posted on August 28, 2009 at 11:00 pm

Foreclosures in Wellington Florida require catfish to clean pools
Inadequate property preservation is among the many negative impacts that foreclosures have on neighborhoods nationwide. Broken windows, litter, untamed landscaping and green pools, among other deleterious side effects of abandoned/bank-owned homes, all affect nearby property values. Banks, local governments, Homeowner Associations (HOAs) and even good neighbors often all do their best to stay on top of regular [...]

catfish

Inadequate property preservation is among the many negative impacts that foreclosures have on neighborhoods nationwide.

Broken windows, litter, untamed landscaping and green pools, among other deleterious side effects of abandoned/bank-owned homes, all affect nearby property values.

Banks, local governments, Homeowner Associations (HOAs) and even good neighbors often all do their best to stay on top of regular maintenance — it’s in their collective best interests.

However, when the volume of foreclosures becomes too much to handle — whether it’s because of a lack of financial or other resources — some towns and cities have no other choice but to get creative and find alternate, less expensive, solutions.

Such is the case in Wellington, Florida.

From the Palm Beach Post:

“Wellington officials are installing catfish from the Amazon in the swimming pools of foreclosed houses to see whether the 18-inch fish, called Pterygoplichthys and commonly known as ‘plecos,’ will be a cost-effective, eco-friendly method of cleaning stagnant pools…. The village has started a pilot program using the algae-eating fish, called Pterygoplichthys and commonly known as ‘plecos’ or ’sailfin catfish,’ in slime-choked swimming pools. Mitchell hopes the slime-eaters will be an inexpensive and eco-friendly way to clean up abandoned pools, an all-you-can-eat banquet of scum that’s the catfish equivalent of Cafe Boulud.”

The foot-and-a-half long scum suckers sell for $15 a pop and are expected to set Wellington back about about $700, according to the report. That’s about $6,300 in annual savings that would have been passed on to potential buyers.

To check out foreclosure homes in Wellington and other nearby areas in Florida click here.

The fish, unfortunately, are not included — the non-natives will be relocated or destroyed because they cannot be released into the wild.

ForeclosuresReal EstateBank ReposHunting Ranches ForeclosuresReal EstateBank ReposHunting Ranches Paypal 1 Bid US $.99 8h 22m
222tr Arkansas Land Foreclosure Sale AR Real Estate NR 222tr Arkansas Land Foreclosure Sale AR Real Estate NR 4 Bids US $127.50 8h 55m
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Category : Foreclosure Investments
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