Archive for May, 2009
Real estate agents giving lower appraisals on distressed properties
(TBO) - Lenders looking to quickly unload distressed properties are increasingly cutting costs by hiring real estate agents instead of licensed appraisers to value property.
The agents, who often have a stake in selling the property, give low-ball price estimates that artificially push down values, some industry experts say.
Broker price opinions, or BPOs, are performed by [...]
Group helps jobless real estate and related professionals
(TAMPA BAY BUSINESS JOURNAL) - Six months after Tampa Bay area volunteers started Real Estate Lives to help the growing number of jobless in the region, the nonprofit has helped place more than 40 people in jobs and it has created a formidable networking group that offers services from free group therapy to interview coaching.
And [...]
Bid4Assets Sells its 60,000th Real Estate Property; Sees Increased Buying Activity
Bid4Assets, Inc., (www.bid4assets.com), an online real estate auction company, announced today it has successfully auctioned its 60,000th real estate property since its inception.
Silver Spring, MD (PRWEB) May 30, 2009 — Bid4Assets, Inc., (www.bid4assets.com), an online real estate auction company, announced today it has successfully auctioned its 60,000th real estate property since its inception. In [...]
Commercial Lease Advocates Launches Rent Mitigation Services in California
During tough economic times, operators of food and beverage establishments are often pushed to the point of meltdown due to the double whammy of decreasing sales and escalated fixed costs such as rent. Restaurateurs and other retailers worry about meeting their commitments whilst engaged in a daily chase towards a mythical “breakeven”. Landlords’ worst [...]
Local real-estate agency will pay mortgages of clients who lose jobs
(THE COLUMBUS DISPATCH) - The Columbus-based real estate firm Real Living HER announced today that it will cover the mortgage of clients who lose their jobs.
The firm, the largest in central Ohio, says it is the first real-estate company in the area to offer the protection, which some car makers and home builders also offer.
The [...]
Luxury Croatian Real Estate Now Available from Keter Invest
The Croatian real estate market is booming and the timing is right for investors. Croatia, sometimes called “the European Florida,” is seeing an influx of real estate investors looking for a luxury home. Those looking for an investment opportunity can now turn to Fameya, a new luxury development from Keter Invest, and the company’s personalized [...]
The Herrera Sindell Group Inc. is Seeking Solid-Rock Real Estate Investors in a Rebounding Real Estate Market
Real estate investment firm through an innovative process and solid ethical guidelines works and provide a great opportunity to investors in southern California.
Santa Clarita (PRWEB) May 31, 2009 — The Herrera Sindell Group Inc. (www.herrerasindell.com), one of the premier professional real estate investment firms serving the Southern California market, announced today that with the partnership [...]
Luxury Lodging & Exchange Announces Introduction of a New Website, fractionalluxurylodging.com
Luxury Lodging & Exchange has launched a new website designed to feature and help facilitate the understanding and fulfillment of FRACTIONAL OWNERSHIP.
Orem, Utah (PRWEB) May 31, 2009 — Luxury Lodging & Exchange has launched a new website designed to feature and help facilitate the understanding and fulfillment of Fractional Ownership. Developed for easy navigation, [...]
Is California Real Estate Near a Bottom?
(BUSINESS WEEK) - California was one of the first states to enter the housing downtown. Could it be one of the first to recover?
First-time home buyers and investors are jumping to take advantage of state and federal tax incentives, low interest rates, and prices that are more affordable than they have been in many years. [...]
Commercial real estate not so bad locally
(THE WICHITA TODAY) - National forecasts are grim for commercial real estate through the end of this year. There’s no credit, no secondary market for commercial mortgages and no activity in many parts of the country.
At the same time, a Clay Center developer agreed to spend $5.5 million to buy downtown Wichita’s Union Station.
It’s further [...]
