texas: Where The Term Real Estate Came From. - 05/27/09 07:57 AM
Where The Term Real Estate Came From.
A Brief History And Origins of Real Estate.
Definition: Real Estate A piece of land, including the air above it and the ground below it, any buildings or structures on it also called realty, and improvements there to, also called real property.
In law, the word real means relating to a thing (res/rei, thing, from O.Fr. reel, from L.L. realis "actual," from Latin. res, "matter, thing"), as distinguished from a person. Thus the law broadly distinguishes between "real" property (land and anything affixed to it) and "personal" property (everything … (0 comments)
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texas: Descriptions of Agency: The Buyer Agency Agreement - 04/14/09 06:44 AM
Descriptions of Agency: The Buyer Agency Agreement
There are agents, and then there are agents. Yes, it sounds confusing. That's because the term "agent" is often used in a casual manner, referring to any real estate practitioner.But agent also refers to someone with whom you've established a formal agency relationship-someone who represents your best interests in a real estate transaction and owes you fiduciary responsibilities. Agency relationships are usually established in writing with buyer agency agreements, and require:
loyalty obedience disclosure confidentiality reasonable care and diligence accounting The birth of buyer agency
For many years, real estate was practiced in such … (0 comments)
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texas: Housing Opportunity Program - 02/05/09 09:15 PM
Housing Opportunity Program
REALTORS® are ideally situated to improve housing opportunities where they live. They are the first stop for the prospective homebuyer or renter. Accordingly, REALTORS® can reach out - through personal involvement in their own communities - to those who need greater access to quality, affordable homeownership and rental opportunities.
NAR's Housing Opportunity Program was created in 2002 with the vision of positioning, educating and assisting REALTORS® to create housing opportunities for all. The Housing Opportunity Program offers programs, grants, trainings, and resources that help REALTORS® and REALTOR® associations expand housing availability and insure an adequate supply of rental … (2 comments)
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texas: Foreclosure Overview: 5 Steps to Buying Foreclosure - 01/17/09 05:53 PM
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texas: Real Estate Outlook: Index Says Positive Growth Underway - 04/24/08 12:13 PM
PLAY VIDEO
Real Estate Outlook: Index Says Positive Growth Underway
by Kenneth R. Harney
You might not hear much about them on TV or in the papers, but there are some economic signs popping up right now that are -- at the VERY least -- encouraging for housing and real estate.
Take the gold standard of all forward indicators for the U.S. economy -- the Conference Board's "Index of Leading Indicators," which is based on a broad survey of industry data and predicts economic activity three to six months down the road.
The latest Conference Board index registered its first increase in … (2 comments)
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texas: Selling Your Home In a Market Full of Foreclosures - 04/18/08 11:19 AM
by Phoebe Chongchua
Take a look in just about any neighborhood and you may find the sign of distressed times. Foreclosures are on the rise and that can cause a lot of panic for sellers who aren't in the same financial crisis.
"We're in a very price-sensitive market and obviously in any buyers' market that's the case," says Chris Heller, President of The Heller Real Estate Group, Inc. at Keller Williams.
The increase of awareness about foreclosures is stimulating buyers to keep fishing and pushing for even lower prices for homes.
"So the sellers who are not in … (3 comments)
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texas: Implementation Of The Two Mortgage Provisions In The FHA and GSE Limits - 02/29/08 09:49 PM
Date: February 14, 2008
RE: Implementation of the Two Mortgage Provisions in the Stimulus Bill
On February 13, 2008, the President signed the stimulus bill, H.R. 5140. This is the first in a series of memorandums discussing the implementation of the two mortgage related provisions included in the signed measure. The bill provides temporary increases to both the Federal Housing Administration (FHA) and government sponsored enterprises (GSE) mortgage limits until December 31, 2008. NAR will provide updated information on these provisions as it becomes available.
The new law makes seven temporary changes to the FHA and GSE loan limits:
• Raises the … (0 comments)
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