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county: Los Angeles Times Axes Real Estate Section - 08/14/08 05:23 PM
The following article was recently posted by Inman News.
Los Angeles Times axes real estate section
Expect continuing cuts in newspaper industry, says analyst
By Glenn Roberts Jr., Monday, August 4, 2008.
Inman News
The Los Angeles Times has ceased publication of its weekly real estate section -- born more than a century ago -- amid major staff cuts.
In mid-July, newspaper managers began to carry out the "largest staff and production cuts in the newspaper's history," according to an article in the Times, citing "a continuing slide in advertising revenue." The newspaper has a circulation of more than 1 million … (6 comments)
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county: Home Wiring - 08/13/08 03:43 PM
It is important to consult a reputable home inspector to check the home wiring before purchasing a house. Knob and tube type wiring and aluminum wiring are common in older homes, and both are considered substandard today. In fact, many insurance companies will refuse to insure homes with these types of wiring, and since banks require homeowner's insurance before extending mortgage loans that are conditional on the ability to obtain insurance, this is significant. Knowing what type of electrical system you're dealing with is crucial when trying to close a real estate transaction. Knowledge is power.
Commonly used in homes built … (2 comments)
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county: Short Sales - 08/07/08 05:52 PM
What is and is not a Short Sale?
A short sale is an arrangement between a homeowner and their lending institution to accept an offer on the home for less than the total amount owed on the property.
A bank-owned house, or foreclosure, is not a short sale. A seller deciding to lower their price and take less profit is not a short sale. To have a short sale, one of the parties has to be "shorted"; either the seller or the bank.
To further explain the difference; with a typical foreclosure situation, homeowners fall behind in their payments and the … (2 comments)
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county: Orange County Ranked High In Places to Retire - 02/22/08 06:45 PM
Recent retirees have been flocking to the beautiful locations in Orange County North Carolina. The area has recently been ranked in the top 5 places to retire buy U.S. News and World Report.
With the beautiful undeveloped lush land, wonderful leisure activities, and plenty of shopping and exquisite dining it is no wonder why.
There are plenty of public golf courses and county clubs for rest and relaxation. Museums and exhibits are always around the corner to satisfy your educational interests.
Also, the area has high quality medical facilities and plenty of in home care available.
All … (0 comments)
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Team Jodi - Chapel Hill Real Estate, Durham Real Estate
Chapel Hill,
NC
More about me…
Jodi Bakst, Broker @ Chapel Hill Realty
Address: 6011 Farrington Road, Ste 102, Chapel Hill, NC, 27517
Cell Phone: (919) 697-5014
Email Me
If you are buying or selling in Chapel Hill, Carrboro, Durham, Hillsborough, Durham or Orange, Durham or Chatham Counties, you have come to the right place. Jodi Bakst and her Team of Real estate specialists provide seamless customer service for our buyer and seller clients throughout their relocation or move.
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