Real Estate Information Archive
RISMEDIA, December 10, 2010—A new study recently released by Fannie Mae finds that most Americans—both those who currently own their homes and those who rent—strongly aspire to own a home and to maintain homeownership, despite ongoing turmoil in the housing market.
RISMEDIA, December 10, 2010—(MCT)—A funny thing happened to DeBary, Fla., resident Russ Vas Dais as he was about to buy a foreclosed home: He learned the bank selling him the house didn't actually own it. Fannie Mae had foreclosed on the property but, in an apparent
RISMEDIA, December 9, 2010—In today’s complex housing market, real estate agents are handling an increasing volume of short sales. While many agents view short sales as a win-win for both homeowner and buyer, they can cause many complications if not properly understood and executed. Since there is no provision in the mortgage agreement for a short sale, the primary lien holder—the mortgage servicer—must approve the homeowner’s request for one. Any additional parties with liens against the property, such as a second mortgage holder, must also approve the request before a short sale can commence.
RISMEDIA, December 9, 2010—Trulia.com, a top site for home buyers, sellers and renters, and RealtyTrac, a leading online marketplace for foreclosure properties released the latest results of an ongoing survey tracking home buyers' attitudes toward foreclosed homes. Results of the
RISMEDIA, December 9, 2010—Tim Denbo is no stranger to life's challenges as a sober recovering alcoholic of 24 years. After losing his job as National Sales and Marketing Director of eight years just two weeks before Christmas in 2007, then struggling to find a new job during the worst
RISMEDIA, December 9, 2010—(MCT)—With demand rising for reverse mortgages, senior citizens are particularly at risk of being misled and should be protected by greater government oversight of the industry, according to a report by Consumers Union and two California advocacy groups. In a struggling economy, older homeowners are turning to reverse mortgages as a way to pull money out of their homes, with the loan not coming due until the borrower dies. But the loans can come with hefty charges, including origination fees, closing costs and compounding interest on loan principal.
RISMEDIA, December 9, 2010—Contact with people creates opportunity or, said another way, contacts create contracts. Never forget this basic requirement in sales. The day-to-day success of your business depends upon a steady flow of leads and your ability to convert them into sales.
Editor’s Note: The RREIN Broker Spotlight Series offers industry insights from members of RISMedia’s Real Estate Information Network® (RREIN), an elite network of leading real estate companies united behind the belief that Information Share Equals Market Share. In this interview, featured in the October 2010 issue of RISMedia’s Real Estate magazine, Prudential Fox & Roach Chairman & CEO Larry Flick, shares his insights on adapting and succeeding in a changing marketplace.
RISMEDIA, December 8, 2010—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: a no-cost field guide to using privacy and security features in social media through NAR’s Right Tools, Right Now initiative; REALTOR Benefits® partner Lowe’s,
RISMEDIA, December 8, 2010—(eM+C)—During the busy holiday season, real estate professionals are looking for new ways to stand out in crowded inboxes. With prospective buyers envisioning themselves in a new home in 2011, now is an ideal time to engage prospective clients and
RISMEDIA, December 8, 2010—The National Association of REALTORS® (NAR) has been working closely with the members and staffs of the House Financial Services Committee and the Senate Banking Committee to ensure that Wall Street Reform legislation did not adversely affect
RISMEDIA, December 8, 2010—(MCT)—This holiday season will be a happy one in the Bellwood, Ill., home that Rogelio Huerta and Maria Soto share with their two young sons. That's because the couple recently made the first mortgage payment on a permanent loan modification that will
RISMEDIA, December 7, 2010—One of the basic premises of business is that people like to do business with people they like and trust. Real estate is certainly no exception. While today’s digitally detached world seemingly makes it more difficult for people to get to know the real you, in many ways it actually makes it much easier. While you might not be able to be out there meeting and greeting with every prospect, you can still make a personal connection thanks to the power of video.
RISMEDIA, December 7, 2010--If you’re planning on doing some outdoor shooting this Winter…we have a word for the wise. Pay attention to your batteries. Filming the kids building a snowman can be quite different than shooting a Summer picnic…for one simple reason. Batteries don’t like cold weather. ...
RISMEDIA, December 7, 2010—(MCT)—David, Christy and Noah Swindlehurst are practicing new math at their Eden Prairie, Minn., town home—minimal addition, maximum subtraction. ...